Following a spate of recent acquisitions that include photo editing site Picnik, email searchers reMail, document collaborators DocVerse and a minor European country called France, Google's CEO Eric Schmidt announced this morning that the Mountain View-based company had bought Microsoft Corporation.
Schmidt said the purchase price of just US$2 billion reflected the company's true value after the Vista fiasco, ongoing losses in Office patent lawsuits and the way Linux continues to kick Windows 7's sorry butt.
7 Ultimate: $599
Trading on the NASDAQ was temporarily suspended after the announcement so that trading codes of Google (GOOG) and Microsoft (MSFT) could be combined. The new entity will be known as Google (GOOFT).
Microsoft CEO Steve Ballmer, who once said he'd "f***ing kill Google", now claims he was misquoted. "What I actually said was, 'I'd f***ing kill to work at Google.'" Ballmer is understood to be seeking a janitorial position.
|Old news:||Ballmer apologises for Windows|
"open source" Vista