Microsoft pays more for fewer acquisitions
Seattle PI | at | by Mike
Microsoft doubled its spending on acquisitions in its recently completed fiscal year, to more than $1.3 billion, but a single deal accounted for a large portion of the increase.
And overall, Microsoft made fewer acquisitions -- 13, compared with 21 the prior year.
The company disclosed the figures late last week in its annual report to the Securities and Exchange Commission. The numbers don't include Microsoft's acquisition of Seattle-based advertising company aQuantive Inc. That $6 billion agreement was announced last year, but the deal hasn't yet been completed.