Excel 2010 - Hyperlink Text Only & Not Entire Cell

Question

Is there a way to add a hyperlink to text only and not the entire cell in Excel 2010?

I am only able to insert a hyperlink which affects the entire cell (even white

Answer 1

I'm not sure.. I just wrote this, but it acts the same as adding a hyper reference (although you can still select the whitespace of a cell (after the text has finished) and it won't follow the link)

=CONCATENATE("This is your ", HYPERLINK("http://www.google.com","Google"), " link")

Just as a FYI, you can hold ALT key and click on a cell without it opening the URI