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Topic: Notable Opinions
I think this is an accurate read:
By: trixijude 24 Sep 2009, 02:36 PM EDT Rating: | Msg. 254149 of 254149 (Reply to 254148 by arthurarnsley01) Jump to msg. # |
By: dabbler3248 22 Sep 2009, Microsoft did say they would spend $8 Billion to catch up in Cloud Computing. And as we know, Microsoft settled on VCSY's 744 patent which looks to be all that Microsoft's Cloud Computing Platform Azure is. imo http://www.betanews.com/article/Microsoft-will-spend-8-B-to-catch-up-in-cloud-computing/1220909714 ---------------------------------------- Also at the time Microsoft announced spending $8 Billion on Cloud Computing they got set up to borrow money for the first time in their companies 34+ year history. Why would they want to borrow the money when they always have plenty of cash on hand? I'll tell you! It's because it's VCSY's guarantee that they will get all of the money arranged to come to VCSY. imo In the most recent Microsoft 10-K from July 30th, Microsoft has a credit facility that was taken right after the VCSY settlement which was originally set to expire on March 22nd but had been extended to November 6th, right before the Microsoft PDC.(Coincidentally) "This credit facility expires on November 6, 2009." (So as we see below - $6 Billion + $2 Billion = the $8 Billion that Microsoft claimed that they would spend to catch up in Cloud Computing) and YES VCSY will get that $8 Billion. imo Trixi |
Posted by Portuno Diamo
at 2:44 PM EDT