Microsoft in buying mood
Seattle PI | at | by Mike
Microsoft Chief Executive Steve Ballmer was quick to reply when recently asked why the company wasn't pursuing acquisitions more aggressively.
"We are buying more companies than we have ever bought," Ballmer said in response to the question at Microsoft's annual meeting with financial analysts.
In fact, the company significantly picked up its pace of acquisitions in its recently completed fiscal year -- making 23 deals, compared with nine the year before.
And Microsoft doesn't appear to be slowing down, announcing a few more deals since the June 30 end of its 2006 fiscal year.