Microsoft finalizes acquisition of Danger, merges company with PMX Team
Microsoft announced that its acquisition of Danger has been finalized. Although the current employees of Danger will continue to work in their current offices, Danger will be integrated into the newly formed Premium Mobile Experiences (PMX) Team of Microsoft’s Mobile Communications Business unit. Roz Ho, corporate vice-president of Danger said that joining Microsoft’s PMX Team will enable Danger to continue delivering cool, new and fun mobile experiences to its costumers. Let’s just hope that statement proves to be true, otherwise we are going to see lots of angry Danger fans. Other details of the terms and conditions for the acquisition have not been disclosed by either of the two companies, it was however previously speculated that Microsoft paid $500 million.
Read [PR Newswire]
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