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Microsoft's acquisition strategy maturing | |
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||
| Time: 09:28 EST/14:28 GMT | News Source: Silicon Valley | Posted By: Todd Richardson | ||
|
Hit a midlife crisis, buy a new sports car, or so the old saw goes. So what kind of purchases might rev up a middle-aged company? Microsoft, now in its 28th year and the world's most valuable company, started 2003 with the purchase of two small, private Silicon Valley companies. Many Microsoft watchers predict other acquisitions could follow as the company uses its $40 billion cash hoard to reach for new areas of growth, especially at a time when it's likely to find technology assets at bargain prices. | ||
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