Microsoft is on a buying binge. Here’s what it could buy next
The company’s planned Now there are reports Microsoft is looking to buy Microsoft chief financial officer Amy Hood also noted on a conference call with analysts following the Activision deal announcement that the company is looking for more deals in high-growth markets where Microsoft can “uniquely add value to the users or the community.” She didn’t name any industries that the company might be targeting. Microsoft isn’t the only tech company on the hunt for deals. With interest rates likely headed higher over the next few months, other cash-rich tech firms may be propelled into action. Two others already have. Intel (INTC) announced Tuesday that it was buying Tower Semiconductor (TSEM) for $5.4 billion in cash. IBM (IBM) said Tuesday it was purchasing Neudesic, a cloud services consulting firm. Terms were not disclosed.And there are reports that Cisco Systems (CSCO) has made a $20 billion offer for Big Data firm Splunk (SPLK).
