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160°

How Much Did Microsoft Pay For Danger?

Om Malik from Gigaom writes:

"Microsoft spent a cool half a billion dollars ($500 million) on Danger, making it a nice payday for investors of the Sidekick maker. While some of the early investors got modest returns, I am told that the later-stage investors made out like bandits. It has been reported previously that the company had raised $134 million in venture backing, but in reality it's closer to $225 million."

"The deal's big sticker price is intriguing - leading me to believe that Microsoft wants to pull an Xbox on its mobile phone business. Having realized that its traditional approach is going to relegate it to business market, Microsoft is taking a non-Microsoft tact, just like it did in the gaming console business. The reason for this deal is more than just acquiring "consumer expertise," as the company kept repeating yesterday. Danger's software-as-a-service technology can offer "Microsoft Services" such as Search, Windows Live Mail and Messenger on the Danger platform, using it to compete with Google Android."

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Mr_Kuwabara5916d ago

I wonder if MS will really try to create a handheld...

bootsielon5916d ago

SPending a lot of money in every division, and having nearly every project they have as of late fail. Xbox 360 sold less than PS3 in PS3s worst year, Zune is a failure, Vista isn't selling the way it should and isn't working the way it should, their search engine can't compete and they're struggling to buy another, gmail is much better and loads faster than hotmail, same with firefox... can they really do anything good? I can't wait till there's a killer alternative for everything that keeps Microsoft in their throne, i.e. Microsoft Office and Windows, i.e. a better office and gaming platform. Will it be Mac, will it be Linux, or will it be the internet? I vote for the last one. Wikipedia FTW.

Skerj5916d ago (Edited 5916d ago )

Hmm I wonder what that means for other phones that uses Windows Mobile if MS starts creating their own. I effin hate sidekicks with a passion so I hope they don't try to offer us some bastardized Windows version of those. And I'm not going back to regular phones, I NEEDS mah Windows Mobile.

bung tickler5916d ago

im sure M$ want as much of the mobile market it can get, they are pushing really hard to get windows mobile on any and every phone thay can, this is just a way for them to grow that market, they wont limit it to only thier phones.

5916d ago
Ri0tSquad5915d ago

Microsoft + Sidekick = Sidekick Vista with a buggy ass OS

70°

The INDIE Live Expo 2024 event is to feature over 100 game titles

INDIE Live Expo, Japan’s premiere online digital showcase series , will debut never-before-seen games & content updates across more than 100 titles on May 25th.

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Community2d ago
90°

German Computer Game Awards 2024 has just announced its winners

"The best games of the year and the creative teams behind them were in the spotlight at the grand award ceremony of the German Computer Game Award 2024." - German Computer Game Awards.

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Community4d ago
anast4d ago

BG3 has won everything possible. It's insane.

TGG_overlord4d ago

That's right, well, BG3 deserved it imo.

anast3d ago

It's definitely a game of the generation if not all time.

InUrFoxHole3d ago

Sure buddy... You're trying to tell me it has a deeper story than goat 🐐 simulator 4000?!?!?. I wanna give bg3 a shot but my brain is burnt out on long games

40°

The Pokémon Center Re-Releases Its Van Gogh Goods – And Sells Out Most in Under 24 Hours

Seven months after its infamous launch, the Van Gogh Museum is restocking its popular Pokémon collaboration items -- and selling out fast.

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Community4d ago