Feeds

Ballmer: I will buy 20 web companies a year

Fat head, fatter wallet

Choosing a cloud hosting partner with confidence

Steve Ballmer has told an audience of foaming Silicon Valley start-up types exactly what they want to hear: he will buy 20 web companies a year for the next five years.

The Microsoft boss made the promise at the Web 2.0 Summit in San Francisco. He didn't say what these 100 acquisition targets would do for his firm, or where he summoned the magical number from. He did pledge to splurge between $50m and $1bn on each, however, Wired reports.

"Those will be good acquisitions, and they're important to us," he said. "And they're of strategic importance."

It means Ballmer's willing to lay down between $5bn and $100bn between now and 2013 to demonstrate that he totally gets web 2.0. He invited carpet baggers entrepreneurs in the audience to pitch him their companies, via the email address steveb@microsoft.com. [Hey, Steve, can we interest you in Guttergroove?]

There's a salutory lesson in this. What's the best way to inflate a bubble? Blowhard. ®

Internet Security Threat Report 2014

More from The Register

next story
Download alert: Nearly ALL top 100 Android, iOS paid apps hacked
Attack of the Clones? Yeah, but much, much scarier – report
You stupid BRICK! PCs running Avast AV can't handle Windows fixes
Fix issued, fingers pointed, forums in flames
NSA SOURCE CODE LEAK: Information slurp tools to appear online
Now you can run your own intelligence agency
Microsoft: Your Linux Docker containers are now OURS to command
New tool lets admins wrangle Linux apps from Windows
Facebook, working on Facebook at Work, works on Facebook. At Work
You don't want your cat or drunk pics at the office
Soz, web devs: Google snatches its Wallet off the table
Killing off web service in 3 months... but app-happy bonkers are fine
prev story

Whitepapers

Why cloud backup?
Combining the latest advancements in disk-based backup with secure, integrated, cloud technologies offer organizations fast and assured recovery of their critical enterprise data.
Getting started with customer-focused identity management
Learn why identity is a fundamental requirement to digital growth, and how without it there is no way to identify and engage customers in a meaningful way.
Seattle children’s accelerates Citrix login times by 500% with cross-tier insight
Seattle Children’s is a leading research hospital with a large and growing Citrix XenDesktop deployment. See how they used ExtraHop to accelerate launch times.
10 threats to successful enterprise endpoint backup
10 threats to a successful backup including issues with BYOD, slow backups and ineffective security.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?