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Google CEO Joins Apple Board

In a development which underlines shifts in the software and Internet industries over the last few years, Google CEO Eric Schmidt has been elected to Apple Computer’s Board of Directors.

"Like Apple, Google is very focused on innovation and we think Eric’s insights and experience will be very valuable in helping to guide Apple in the years ahead,: said Apple CEO Steve Jobs.

"Apple is one of the companies in the world that I most admire," said Eric Schmidt. "I’m really looking forward to working with Steve and Apple’s board to help with all of the amazing things Apple is doing."

With Schmidt, Apple may be able to tap into some of Google’s success with online advertising revenue and advertising-supported product offerings; similarly, Google may be able to tap into some of Apple’s world-famous branding savvy.

Prior to heading up Google, Schmidt served as CEO of Novell and CTO at Sun, where he helped spearhead the development of Java.

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