Microsoft racked up the largest number of global acquisitions in 2006 with 14 takeovers.
Oracle and KPN were placed joint second, with 13 acquisitions apiece, and IBM came in fourth with 12 buyouts, according to consultant Icon Corporate Finance.
Among Microsoft's acquisitions were Canadian asset-tracking company AssetMetrix and a reported US$75 million deal for remote-access and firewall company Whale Communications.
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