M&A Deal Summary

Microsoft Acquires VXtreme

On August 5, 1997, Microsoft acquired internet software and services company VXtreme

Acquisition Highlights
  • This is Microsoft’s 5th transaction in the Internet Software and Services sector.
  • This is Microsoft’s 16th transaction in the United States.
  • This is Microsoft’s 5th transaction in California.

M&A Deal Summary

Date 1997-08-05
Target VXtreme
Sector Internet Software and Services
Buyer(s) Microsoft
Deal Type Add-on Acquisition

Target

VXtreme

Sunnyvale, California, United States
VXtreme Inc., the Sunnyvale, Calif.-based developer of award-winning streaming media solutions.

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Buyer(S) 1

Buyer

Microsoft

Redmond, Washington, United States

Category Company
Founded 1975
Sector Software
Employees228,000
Revenue 245.1B USD (2024)
DESCRIPTION
Entrance to Microsoft's corporate headquarters in Redmond, Washington.
Entrance to Microsoft's corporate headquarters in Redmond, Washington.

Microsoft is a global technology company that offers a broad spectrum of software products, services, and devices designed to help individuals and organizations across various sectors. Its extensive portfolio includes the Windows operating systems, the Microsoft Office suite for productivity, and the Azure cloud computing platform, providing solutions for computing, analytics, storage, and networking. Microsoft also delves into enterprise applications with Dynamics 365, connects professionals via LinkedIn, and engages gamers through its Xbox brand and related services. Additionally, it offers internet services such as Bing for web search, Outlook.com for email, and Skype for communication. Microsoft was formed in 1975 and is based in Redmond, Washington.


DEAL STATS #
Overall 19 of 213
Sector: Internet Software and Services M&A 5 of 57
Type: Add-on Acquisition M&A Deals 18 of 199
State: California M&A 5 of 57
Country: United States M&A 16 of 153
Year: 1997 M&A 4 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
1997-06-30 LinkAge Software

Toronto, Ontario, Canada

LinkAge Software Inc., the Toronto-based developer of industry-leading e-mail connectivity and directory synchronization software.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
1997-12-31 Windows Live Hotmail

Seattle, Washington, United States

Hotmail is a web-based email provider. The Company was formed in 1996 by Jack Smith and Sabeer Bhatia.

Buy $400M