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On June 4, 2018, Microsoft acquired the popular code repository site GitHub for $7.5 billion (~$8.96 billion in 2023) in Microsoft stock. [25] On September 21, 2020, Microsoft announced its intent to acquire ZeniMax Media and all its subsidiaries for $7.5 billion (~$8.7 billion in 2023). The acquisition was completed on March 9, 2021.
On 1 July 2024, Steve Ballmer surpassed Bill Gates to become the sixth-richest person in the world, driven by a 21% rise in Microsoft shares. Ballmer's $157.2 billion net worth, mostly in Microsoft stock, exceeded Gates's $156.7 billion, which is diversified and heavily donated to philanthropy. [106]
Microsoft is a multinational computer technology corporation. Microsoft was founded on April 4, 1975, by Bill Gates and Paul Allen in Albuquerque, New Mexico. [1] Its current best-selling products are the Microsoft Windows operating system; Microsoft Office, a suite of productivity software; Xbox, a line of entertainment of games, music, and video; Bing, a line of search engines; and Microsoft ...
In its simplest form, net worth is simply a company’s assets minus its liabilities. By this metric, which is also referred to as shareholders’ equity, Microsoft’s net worth as of the quarter ...
In addition to Microsoft’s Gates, there is CEO Steve Ballmer at 51 overall (number 7 in tech), with net worth of $15.2 billion; and Paul Allen at 53 overall (number 8 in tech), with a net worth ...
The company reported revenues of $43.1 billion, up 17 percent from last year. That’s $2.9 billion more than what analysts were expecting. Even more impressive, its profit jumped by 33 percent to ...
That's truer than ever for Microsoft, which announced a 19 percent increase in revenues for the third quarter ($41.7 billion), compared to last year. Even more impressive, the company's profits ...
All data in the table is taken from the Fortune Global 500 list of technology sector companies for 2021 [6] unless otherwise specified. As of 2021, Fortune lists Amazon (revenue of $386.064 billion), Jingdong ($108.087 billion), and Alibaba ($105.865 billion) in the retailing sector rather than the technology sector. [3]