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Key deal-maker leaves Microsoft; Yahoo deal coming?

updated 03:50 pm EST, Thu January 10, 2008

Deal-broker leaves MS

An executive responsible for some of Microsoft's biggest acquisitions has declared his intentions to leave the company, reports indicate. Bruce Jaffe, Microsoft's VP of corporate development, has announced that he will leave his position in February, with the stated goal of starting his own business. Jaffe has been with Microsoft since 1995, and is said to have been involved in the $240 million investment into Facebook, and the $6 billion purchase of the ad firm aQuantive. Microsoft just this week made an offer of $1.2 billion for the Norwegian search firm Fast Search and Transfer.

An unidentified source claims that Jaffe has been a "major player" in Microsoft's deal brokering, and that the decision to start a company of his own may have been driven by hunger for yet more mergers and acquisitions. Microsoft is expected to continue seeking out new buyouts regardless.

Other anonymous sources, close to Microsoft, suggest that the company is still interested in pursuing an acquisition of Yahoo, which would put it into even more direct competition with arch-rival Google. It is rumored that Microsoft may finally make last year's informal bid official, and buy Yahoo in a deal that could be worth as much as $50 billion. Today Reuters hinted that Microsoft may also be after Logitech, which would give it dominance in computer peripherals. [via The New York Post]




by MacNN Staff

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Comments

  1. TomSawyer

    Joined: Dec 1969

    0

    Redmond Resizing

    If Mr. Jaffe was going to play a pivotal role in either of the alleged acquisitions in this article MS is going to be struggling with respect to growth. Considering the monumental lack of success with Vista and their track record of Growth Through Acquisition the term Corporate Downsizing may quickly find its way into the Redmond Lexicon.

  1. Peter Bonte

    Joined: Dec 1969

    0

    Please buy Yahoo

    It would kill all competition for Google. The Bruce guy apparently earned so much he could afford his own company. Probably he gets a bonus with an acquisition so the Yahoo buy seems probable to me.

  1. Zkatz007

    Joined: Dec 1969

    0

    WHOA! Watch out!

    The guy's head is about to pop! Well, in the thumbnail, it looked really squished. Here, not so much :-)

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