The acquisition wave keeps rolling. Tech is continuing to create news for the financial world, and this is a big one. No one seems to know why it's big, except that Microsoft is involved. But they seem to have long passed the stage of knowing what they are doing.
Some think this is a pure defensive move to keep Skype away from Google, or more pointedly to counter the weird Google Voice. Some think it works into the enterprise business that fuels MSFT profits. Or it could be another attempt to enter social media. Who knows? Steve Balmer has already established his lunacy, so that reason is moot.
We who use Skype, for whom it has become a verb meaning "to call overseas", or "to conference call" will wonder what is next.
Could it be that this rather old startup is just a profit engine waiting to happen? Or is Microsoft trying to make itself untouchable as a buyout target? Or is all that cash just too much for Balmer to resist spending and he hates dividends?
I know, none of this makes sense.
- Posted using BlogPress from my iPhone
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