Microsoft Not Pursuing Other Deals? Yeah, Right!
According to the WSJ Microsoft Chairman Bill Gates said the company is not pursuing any other deals, after failing in its bid for Yahoo.
He said the company put "a lot of effort" in the talks with Yahoo and has decided they should pursue "our independent paths." "Now at this point Microsoft is focused on its independent strategy," Mr. Gates told reporters.
While you should keep in mind that the WSJ had to piece together a few tasty sound bites, in order to back up its angle–there’s no explicit "we’re not going to buy anyone, period" statement–you should also consider that Gates could be just plain lying.
After all, it was only a few months ago that we heard these words from CEO Steve Ballmer…
“If at some point it makes sense, maybe then it makes sense. But that’s not where we are going. We are driving in an independent direction,” said Ballmer in a question-and-answer session.
Back on the ole independent direction/path again. At least until the next acquisition comes along. 😉