Microsoft Completes Acquisition of Mozilla Firefox
Combined browsing technologies to deliver an unmatched experience that redefines how people engage with spyware, viruses and other nasties in this digital era.REDMOND, Wash. – October. 24, 2006 – Microsoft Corporation (Nasdaq: MSFT) today announced the completion of its acquisition of the Mozilla Firefox Web Browser. The transaction was finalized on Saturday, October 23, 2006. As a result of the acquisition, Microsoft share prices jumped 5.7%. Mozilla Corporation's share prices remained at zero.
The combination of Microsoft's power and might along with Firefox's extensive fan database will create one of the world’s largest, most innovative and diversified browsers ever. The acquisition brings together two of the industry’s strongest contenders and is the most ubiquitous incorporation of technologies for creating, managing and delivering compelling spyware and viral experiences across multiple operating systems, devices and media (Subject to Microsoft Compatibility).
Read more at: http://www.msfirefox.com/
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