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Microsoft to Extend $750 Mln Acquisition Spree, Ballmer Says

Quoting from Bloomberg News

Microsoft Corp., which bought 22 companies for about $750 million in the past year, is planning more, Chief Executive Officer Steve Ballmer said.

"Our pace of acquisitions continues to rise,'' Ballmer said during a press conference in Seoul."You ought to expect us to continue to do more acquisitions, but still primarily, small- and mid-sized companies.''

Ballmer declined to comment on Microsoft's acquisition budget and he didn't name any of the companies he intends to buy.

Published Thursday, May 25, 2006 6:36 AM by David Marshall
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