Microsoft’s Acquisition Spree Continues in 2019
There seems to be no slowing down in Microsoft acquisition spree and the company has acquired nearly 24 companies since Q1 of 2018. Canadian start-up Mover, that focuses on moving data to the Cloud was the last to be added to the list. The $7.4 billion acquisition of GitHub was the last blue-chip deal of Microsoft after the purchase of LinkedIn and Skype.
The acquisitions, according to tech gurus demonstrate Microsoft’s holistic viewpoint in becoming leaders in different segments with an extra focus on Cloud-based systems. Over the years, Microsoft’s Cloud Computing service Azure has become their show stopper in terms of revenue growth. The Internet of Things, Education technologies, and Artificial Intelligence figure out on the top of Microsoft’s list of priorities.
Acquisitions This Year
The other acquisition of Microsoft, this year includes Movere, a Data Analytics platform; jClarity, a service designed to tune the performance of Java applications; PromoteIQ, a Marketing Technology firm; BlueTalon, a Data Security solution; Express Logic, an embedded software company; DataSense, an education tech provider and Citus Data, a developer of the open-source PostgreSQL.
An estimated $9 billion has been spent by Microsoft on acquisition since 2019 alone. GitHub acquisition was, in fact, pricier than the $7.2 billion purchase of Nokia in 2015. Two years later, Microsoft later wrote off the deal and laid off nearly 8,000 jobs.
LinkedIn, the Biggest Deal
Nevertheless, nothing beats the costs of acquisition of LinkedIn which was taken over for a whopping $26.2 billion in 2017. This acquisition was worth 32 times the operating profit of LinkedIn at that time. The result of this acquisition is yet to be known but the user base of this business social networking platform has been growing steadily.
Microsoft has acquired several game studios to give power to the Xbox Game Studios. Microsoft has until now acquired 236 companies with an average of six companies being acquired a year since 1987.