by Amruth Sundarkumar | Jan 19, 2022 | Corporates
Microsoft announced that it would buy Activision Blizzard for an all-cash deal worth $68.7bn in an effort to to “bring the joy and community of gaming to everyone, across every device”. Once successful, it would be its largest acquisition, 2.6x higher than...
by Amruth Sundarkumar | Jul 28, 2021 | Corporates, Investment Grade Bonds
Tech majors Apple, Alphabet and Microsoft reported strong quarterly earnings results: Apple reported almost doubling of net profits in the quarter to $21.7bn vs. $11.2bn during the same period last year led by iPhone sales. Overall revenues grew 36% YoY to a quarterly...
by bondevalue | Apr 28, 2021 | Investment Grade Bonds
Microsoft reported strong third quarter results for fiscal 2021 with revenues up 19% YoY to $41.7bn and EPS at $2.03, up 45% in the same period. Revenues grew across all divisions with their Intelligent Cloud segment jumping 26% to $15.1bn, driven mainly by a 50%...
by bondevalue | Apr 13, 2021 | Investment Grade Bonds
Microsoft has entered into a definitive agreement with Nuance Communications to acquire the latter in an all-cash transaction valued at $19.7bn inclusive of Nuance’s net debt. Microsoft will be paying $56/share of Nuance that reflects a 23% premium to the...
