Microsoft hungry for acquisitions: Ballmer
eWeek | at | by Mike
Microsoft CEO Steve Ballmer refused to say whether the software company was looking to buy either Yahoo or Facebook, despite much prodding from John Batelle, the co-host of the Web 2.0 Summit here Oct. 18.
But Redmond does expect to acquire about 20 companiesfrom $50 million to $1 billionevery year for the next five years, including companies that use open-source software, he said.
"We have a great partnership with Facebook on the advertising front. We love Facebook and we'll see where that takes us," was all that Ballmer would say with regard to a potential acquisition.