Gates in the hunt for more acquisitions

Seattle PI | at | by Mike

Microsoft Chairman Bill Gates said he wants to make more acquisitions, and he's pushing his most senior managers to help find the right candidates.

"We are really looking hard," Gates, 49, said in an interview yesterday in San Diego. Microsoft, the world's largest software maker, is taking a "bottom-up" approach to acquisitions by asking managers to look for targets, Gates said.

Gates outlined the mandate in meetings with Microsoft's seven division heads, including Jeff Raikes, 46, who leads the division that makes Office software, and Robbie Bach, 43, who runs the Xbox, home and video-games group.