Oct 21, 2007

Microsoft would be on Buying Spree

This is what Microsoft Chairman Steve Ballmer said in the recent Web 2.0 Summit in San Fransisco.

What are you interested in that Microsoft currently isn't doing?
"We'll probably buy 20 companies a year for the next five years. Most of them will be footnotes - we're talking about acquisitions of $50m, $100m, $200m. Those are good acquisitions and are important to us, and it's of strategic value. There aren't many things in the $6bn to $15bn price range, you're talking about a handful of things. In the meantime we'll probably buy a lot of companies from $50m to $1bn, so we'll continue to buy a lot of stuff. Email steveb@microsoft.com if you something to sell!"

Now Microsoft has started it again but this time MS is imitating Google by targeting only small ones. Yahoo hasn't declared the acquisitions strategy officially, but he is also in queue.

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