Key Microsoft decisions to be made by Ballmer: Gates
Bill Gates said that "key decisions" following Microsoft's withdrawal of a $47.5 bn takeover bid for Yahoo will be made by Ballmer. The Yahoo battle
By Agencies |
SEOUL: Microsoft Chairman Bill Gates said on Tuesday that "key decisions" following the company's withdrawal of a $47.5 billion takeover bid for Yahoo will be made by CEO Steve Ballmer.
Gates, on a brief trip to South Korea, was asked about the software giant's plans for its online services business minus a Yahoo agreement, including if it would pursue other acquisitions and potential deals the same size as what was offered to the search engine.
"Well, the key decisions on that will be made by Microsoft CEO Steven Ballmer, who took a look at Yahoo and decided that on our own he likes the stuff that we're doing," Gates said, according to a pool report.
Gates, on a brief trip to South Korea, was asked about the software giant's plans for its online services business minus a Yahoo agreement, including if it would pursue other acquisitions and potential deals the same size as what was offered to the search engine.
"Well, the key decisions on that will be made by Microsoft CEO Steven Ballmer, who took a look at Yahoo and decided that on our own he likes the stuff that we're doing," Gates said, according to a pool report.
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"We need to show the innovation and it's a very competitive space," he added. "I wouldn't rule out some partnerships, but we don't have anything imminent there."
Last-ditch talks between Yahoo Inc and Microsoft Corp failed over the weekend, leading Microsoft to walk away from a deal on Saturday.
Gates made the remarks after a meeting and dinner with South Korean President Lee Myung-bak. Press access at the presidential Blue House was limited.
The Microsoft co-founder said it was his first visit to South Korea since 2001.
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