Microsoft CEO Steve Ballmer told the press that his company is not likely to acquire companies to improve its marketshare in the search market. Ballmer also noted that while he expects the economy to grow slowly, he believes we'll return at lower levels than before the economy fell off a cliff.
Microsoft CEO Steve Ballmer told Reuters that that Microsoft is not likely to make acquisitions to improve its standing in the search market. He said, "No, I wouldn't expect it [search acquisitions]. You'll continue to see us work hard and invest in the marketing and the like, and of course we're trying to get the Yahoo deal through regulatory."
Microsoft had previously stated that it felt Bing still had lots of growing to do and had not been pushed with strong marketing campaigns anywhere other than in America. Ballmer also commented on the state of the economy saying that he expected things to grow slowly and return at lower levels than before the crash.