Microsoft acquires Sidekick-maker Danger Inc.
Monday, February 11, 2008 - 12:48 PM EST "Microsoft Corp. agreed to acquire Danger Inc., maker of the technology behind T-Mobile's... Sidekick phone, as part of its quest to expand its offerings in the mobile realm," Donna Kardos reports for The Wall Street Journal."Financial terms of the deal weren't disclosed," Kardos reports.
"Deutsche Telekom AG's T-Mobile USA sells Danger-powered devices under the Sidekick brand. SunCom Wireless Holdings Inc., a cellphone operator in the Southeastern U.S. that is in the process of being acquired by T-Mobile, offers the technology in its Hiptop devices," Kardos reports.
Full article here.
Om Malik reports for GigaOM, "Danger... was started by Andy Rubin, now leading the Android charge over at Google... Despite having a great solution, the company never became a big player, highlighting the challenges facing a mobile start-up, especially one with consumer ambitions... The company still gets about 92% of its revenues from T-Mobile USA, and has been losing money. For its financial year ending September 30, 2007, Danger had sales of $56 million and losses of around $28 million."
Full article here.

Microsoft. Buying up the worlds loosers, 1 step at a time.
Microsoft. Your stock, our choice.