Microsoft to buy Portuguese mobile software company
Microsoft has agreed to buy Portuguese mobile software company MobiComp in the US software giant’s biggest ever investment in Portugal, Microsoft’s chief in Portugal said on Thursday.
Microsoft’s head in Portugal, Nuno Duarte, said Microsoft intends to turn MobiComp into a research and development unit in Portugal after the acquisition. He gave no financial details of the purchase other than that it was Microsoft’s biggest investment in Portugal to date. (Reuters)
SUPPORT THE BUDAPEST BUSINESS JOURNAL
Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.