Microsoft is spending cash to reinvent itself

Microsoft has been having a love affair with well-designed iOS and Android apps lately: after acquiring email client Acompli last year, the software giant announced yesterday that it also also acquired Sunrise, an intelligent calendar app. Both are available on Android and iOS, but lack versions for Windows. Looking from the outside, you might assume Yahoo CEO Marissa Mayer has taken over Microsoft and is acquiring every hot new startup that makes cool software, hoping for consumer relevance amid a quest for talent. While Yahoo’s investments have been odd at times, with little obvious return, Microsoft’s have made an immediate impact. They’re part of Microsoft’s reinvention.

That reinvention — fueled by CEO Satya Nadella’s willingness...

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