Microsoft to acquire 20 companies a year
Microsoft’s own Web 2.0 efforts have yet to strike a chord with users. So, looks like they intend to take the acquisition route to acquire new, interesting Web 2.0 companies and their technology. Speaking at the Web 2.0 conference in San Francisco, Steve Ballmer, Microsoft CEO, mentioned that they will acquire 20 companies every year for the next five years. Acquisition price range - between $50 million - $1 billion.
A bit late to the acquisition game, dont you think ?
October 19th, 2007 at 12:31 am
May be late in party, but they have made the promise to aquire 100 companies. Means something startups can look forward to.