Microsoft in the market for up to 100 company acquisitions
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.
