Microsoft confirms Danger acquisition was a $500 million purchase

Its now official, Microsoft spent $500 million on the purchase of Danger. Of course this does not come as much of a surprise, after all that figure was the exact number that was rumored several months back. However, thanks to Microsoft’s most recent quarterly report this number has been confirmed.

Its always interesting to see just how much a company is purchased for, especially something of this magnitude, more important is just what Microsoft plans to do in order to make this a worthwhile acquisition.

Sadly though, even with all that money spent you would have thought they could have come up with a better name for the latest Sidekick to hit the market, which if you remember was simply called the Sidekick 2008.

Lots of people see the Sidekick as less than a threat and something that is marketed to mostly younger and teenage users, but we have to remember they are a rising part of the mobile industry, it will be interesting to see just what Microsoft/Danger will do in the future to hopefully keep their customers from growing older and looking towards a “real” smartphone.

Read [Yahoo! News]