Microsoft Trolling for New Acquisitions

Posted by ryuzaki0 on Monday February 11, 2008 @07:29AM from the playing-catch-up dept.

NewShinyCD writes "Sources tell Valleywag that startup Ustream.tv is in advanced discussions with Microsoft to acquire the lifecasting service for more than $50 million, but there are other companies in the bidding as well. Ustream is currently raising a very large initial round of VC financing, and Microsoft is attempting to grab them prefunding for a cheap price. Our tipster also mentions that Microsoft would use Ustream as a way to promote its Adobe Flash competitor, Silverlight." Relatedly, Microsoft has also announced their intent to buy Sidekick maker Danger. Financial details of the Danger buyout were not disclosed.

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Re:Wow, that's quite a title. by Pantero+Blanco · 2008-02-11 07:50 · Score: 5, Insightful

I wonder how the person who wrote that title feels about Microsoft?

Next up: "Microsoft cruising seedy bars on the hunt for fresh start-up action."

The word "trolling" means fishing by pulling lures through the water, which isn't a bad analogy. It didn't come into existence after the birth of Usenet.

"Microsoft Fishing for New Acquisitions" doesn't sound so bad, does it?