Microsoft once tried to buy Facebook for $24 billion
Microsoft Inc. once offer Facebook CEO Mark Zuckerberg $24 billion to acquire social media platform in its younger days, former Microsoft CEO Steve Ballmer told a US media house.
In an interview with CNBC, Steve Ballmer claimed that one of the world’s largest tech companies tried to buy the social media giant in its earlier days. He also rubbished rumours that he and Saudi Prince Al-Waleed bin Talal are looking to make a bid on Twitter.
Ballmer also reflected on his $7.2 billion acquisition of NOKIA’s mobile phone business and claimed he has no remorse over the deal.
“The phone business, I’m not apologetic about. Current management chose to go in a different direction,“ he said.
Back in 2013, Microsoft announced decision to acquire Nokia’s devices and services business, license Nokia’s patents and mapping services but the business is declining.
Ballmer, who ran Microsoft from 2000 to 2014, said his worst mistake as CEO was the 2007, $6.3 billion acquisition of aQuantive, an online display ad firm.