February 7, 2003
CNet: Microsoft's $10 billion ambition
My spin: A MUST READ!
newsmakers Fargo, N.D., may not enjoy a reputation as a hotbed of high-tech, but this remote heartland city happens to be the headquarters for one of Microsoft's most ambitious initiatives in years.
The plan is nothing less than to build a $10 billion unit specifically charged with selling software into the small and medium-sized businesses market. But as a relative latecomer, Microsoft has its work cut out making good on its goals.
Not only is the small and medium-sized business segment being targeted by other enterprise application makers, but the market has stagnated over the last two years. Still, that has not dissuaded Microsoft from acquiring Great Plains Software and Navision, a European counterpart of Great Plains based in Denmark, to constitute the Microsoft Business Solutions unit. (full story)
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