Today at the Web 2.0 conference, Steve Ballmer said Microsoft is looking to acquire up to 100 companies over the next five years.

Apparently feeling left out of the slew of acquisitions from rivals like Google, Microsoft CEO, Steve Ballmer, announced today at the Web 2.0 conference that the company is changing its ways. 

The current plans call for them to attempt to purchase 20 companies a year for the next five years.  The plan to spend anywhere from $50 million to $1 billion per company.

When asked who they were looking to purchase, Mr. Ballmer replied, according to AlleyInsider.com, “We buy 20 companies a year within the range of 50 to 200 million. My email is steveb@microsoft.com. If you want to sell your company write to me.”

One would certainly hope the monolithic company has more of a business plan behind this announcement than just whomever happens to drop Mr. Ballmer an email.

Related:

Nokia buddies up with Microsoft to woo enterprise customers

National Lampoon gets crazy for online acquisitions

Genuine Microsoft Windows for refurbished PCs program begins

Microsoft Zune hits two million sales - Trounced by Apple iPod

Microsoft may smash Yahoo’s golden egg

Entry was posted on Thursday, October 18th, 2007 at 6:34 pm under Microsoft, Opinion.  Print This Post

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