Microsoft announces takeover of mobile software firm Danger
Software Giant Microsoft has announced takeover of Mobile Software maker Danger Inc. for an undisclosed amount. Palo Alto-based Danger has developed software for T-Mobile’s Sidekick web phone. Danger specializes in designing of software for mobile handsets. Andy Rubin started Danger. He also started another company, which was soon acquired by Google. Rubin has been engaged in development of Google’s open source platform Android.
Microsoft’s president for Entertainment & Devices Business, Mr. Robbie Bach said that they are very excited about the takeover. Mr. Bach said that Danger’s technologies will augment Microsoft’s existing software and things will change for better.
Microsoft offered to buy Yahoo recently. Yahoo board was not very excited about the bid and said that Microsoft’s offer is quite low. Yahoo board said that they will not consider any bid lower than $40 per share. Microsoft offered $31 per share when Yahoo was quoting near its 52-week low. Soon, the Yahoo stock gained in Stock markets and was trading around $29.
Google’s Android was among major attractions during Mobile World Congress in Barcelona, Spain. Google representative indicated that many Hardware manufacturers were trying to incorporate Android in their upcoming products.