Microsoft Executive Admits Company Tried to Acquire Facebook

More

There have long been rumors that computing giant Microsoft tried to acquire Facebook for an undisclosed sum. Sitting in on the "How To Get Acquired" panel at Le Web, TechCrunch's Alexia Tsotsis notes that Microsoft executive Fritz Lanman has just confirmed the rumor.

"Yeah we tried to acquire Facebook" Lanman responded to Le Web founder Le Meur, Facebook had a lot of similarities to Microsoft back in the day."

Lanman explained the motivation behind the acquisition efforts and why they eventually led to a deal instead. Facebook did not want to sell.

Lanman also theorized that Facebook's valuation could one day be as high as Microsoft.

Read the full story at TechCrunch.

Jump to comments
Presented by

Nicholas Jackson is a former associate editor at The Atlantic.

Get Today's Top Stories in Your Inbox (preview)

This Short Film Skewers Hollywood, Probably Predicts Disney's Next Hit

A studio executive concocts an animated blockbuster. Who cares about the story?


Join the Discussion

After you comment, click Post. If you’re not already logged in you will be asked to log in or register. blog comments powered by Disqus

Video

A Short Film That Skewers Hollywood

A studio executive concocts an animated blockbuster. Who cares about the story?

Video

In Online Dating, Everyone's a Little Bit Racist

The co-founder of OKCupid shares findings from his analysis of millions of users' data.

Video

What Is a Sandwich?

We're overthinking sandwiches, so you don't have to.

Video

How Will Climate Change Affect Cities?

Urban planners and environmentalists predict the future of city life.

Video

The Inner Life of a Drag Queen

A short documentary about cross-dressing, masculinity, identity, and performance

Video

Let's Talk About Not Smoking

Why does smoking maintain its allure? James Hamblin seeks the wisdom of a cool person.

Writers

Up
Down

More in Technology

Just In