Report: Microsoft Considering Salesforce Acquisition

An anonymous reader writes: Bloomberg reports that Microsoft is considering making a bid for CRM and cloud software company Salesforce, after hearing that Salesforce was entertaining an offer from another company. No talks are underway, but Salesforce has started working with investment banks to figure out how it wants to respond to such offers. Salesforce has a market value of about $50 billion, so any sort of acquisition would be a huge business deal.

Comments

You're right it's a myth

[rsilvergun]

it was 90% after the first $2 million, and that was in 1960. Adjusted for inflation that's something like $14 million today.

It was never really a tax per se. It was a check on out of control wealth concentration and the scary, scary power that comes with it. Plus it had the added bonus of encouraging real investment because hey, it was use it or lose it when it came to money. Now the rich can sit on a Scrooge McDuck style cash horde. But unlike the cartoon there are real consequences to that. Our economy grinds to a halt because all our capital is tied up in excesses like private jets & Mergers and acquisitions. No real value is added.

I saw the best quote ever in a news story a few weeks ago (I'm paraphrasing here): Finance is no longer a tool for getting money into productive businesses but for getting it out.