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Ballmer talks acquisition strategy

Time: 13:37 EST/18:37 GMT | News Source: News.com | Posted By: Andre Da Costa

What could be more Web 2.0-ish than Steve Ballmer making a public pitch to would-be deal makers to pick up the phone? Speaking at the Web 2.0 Summit in San Francisco on Thursday, Microsoft's CEO said his company was on the prowl for acquisitions that made strategic sense.

"Microsoft will continue to invest in buying technology, products and market share," he said. "We'll buy 20 companies a year consistently for the next five years for anywhere between 50 million and 1 billion bucks."

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