Call it the Microsoft put. The software titan’s organic expansion seems unstoppable. Yet its M&A strategy appears to be all over the place. It acquired social network LinkedIn in 2016 for $26bn and software development platform GitHub in 2018 for $8bn. More recently, it has been chasing the motley social media crew of TikTok, Discord and Pinterest. On Monday, it confirmed that it would make its second-largest deal ever, buying voice recognition pioneer Nuance Communications at an aggregate value of $20bn.
不妨将其称之为微软的沽价。这家软件巨头自身业务的增长似乎势不可挡，但它的并购战略也已然无处不在。
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