Microsoft to Buy Danger Inc. for $500 Million
Filed in archive Mobile by jeff goldman on February 12, 2008

Microsoft this week announced an agreement to acquire Danger Inc., the designer of the popular Sidekick mobile handsets.
"The acquisition, whose terms were not disclosed, derails an initial public offering worth up to $100 million envisioned in Danger's government filings in December," notes Red Herring's Ken Schachter. (According to GigaOM's Om Malik, the price was a rather hefty $500 million.)More here from Wired ... more here from Ars Technica ... more here from The Register ... more here from CNET News ... more here from iLounge ... more here from Computerworld ... more here from the NYT ... more here from the AP ... more here from Reuters ... and the press release is here.
Permalink: Microsoft to Buy Danger Inc. for $500 Million
Tags:
Microsoft Danger Hiptop TMobile TMobile Sidekick LX mobile phone handset device teen IPO acquisition
Trackback: http://www.creative-weblogging.com/cgi-bin/mt-tb.pl/113492











