Ballmer refuses to open cheque book
No more big deals
THE SHY and retiring, softly spoken, Steve Ballmer has decided that he will not be opening his cheque book to buy any more big companies.
According to Associated Press, Ballmer is only interested in buying 20 smaller acquisitions of $50 million to a billion dollars each annually rather than mega-deals.
Ballmer has been romantically linked with Yahoo and Facebook mostly because he is sitting on billions of dollars of cash.
But speaking to the Web 2.0 Summit in San Francisco, Ballmer said Microsoft's current focus is the "independent path."
Vole historically has dismissed the idea of buying big outfits. Instead opting to purchase lots of less expensive companies. The exception was when Steve bought aQuantive for $US6 billion recently.
There is a classic Ballmer snap here. µ
Comments
Crush them instead
Instead Microsoft are going to back to their old ways of Embrace, Extend, Extinguish."We need to crush more companies.", said the monkey dancing Ballmer threatingly waving a chair above his head.
:-)
"Unga-bonga" - said the board of directors ;-)