New Microsoft Investor Might Try to Get Rid of Ballmer – Rumor
ValueAct Capital has purchased a $2 billion (€1.5 billion) stake in Microsoft
ValueAct Capital has recently purchased a $2 billion (€1.5 billion) stake in software giant Microsoft and even if it controls less than 1 percent of the company, some major changes are already being discussed.According to a report by StreetInsider.com, the man behind ValueAct, founder Jeffrey Ubben, might plan a major upper management change for Microsoft, including the departure of current CEO Steve Ballmer.
While no confirmation or specifics have been provided so far, it appears that ValueAct Capital officials aren’t quite satisfied with Ballmer’s performance at the helm of the software company but, given the fact that the CEO still has Bill Gates’ support, such a move is highly unlikely.
In addition, a split-up of the company is also being discussed right now, according to the same sources but, as usual, take everything with a grain of salt until we get an official word on this.