The search partnership, which took effect in 2010, allowed the companies to negotiate changes or to terminate the arrangement entirely after five years. Under the terms of the deal, the companies had 30 days to make changes following Feb. 23.
According to a filing with the U.S. Securities and Exchange Commission on Friday, Yahoo and Microsoft mutually agreed to extend that deadline to a 60-day period following Feb. 23.
"We value our partnership with Microsoft and continue discussions about plans for the future. We have nothing further to announce at this time," Yahoo said in a statement.
Microsoft declined to comment.
It was not immediately clear if the extension signalled progress or lack of consensus between Yahoo CEO Marissa Mayer and Microsoft CEO Satya Nadella.
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