Microsoft Brings the Works Online

Iria · Sep 15, 2006, 04:48 AM

Source: Business Week
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You might think the folks at Microsoft have bigger fish to fry than a tiny Bay Area startup named ThinkFree. The company, which offers Web-based word-processing and spreadsheet programs, counts about 60,000 active users, none of whom even pay for the service yet. But there on page six of Microsoft's annual 10-K filing with the Securities & Exchange Commission, submitted in August, Microsoft lists ThinkFree as a rival to its $11.8 billion Office business, used by more than 400 million people around the globe. "It's official now," laughs ThinkFree CEO TJ Kang. "We're definitely on their radar."

Sep 15, 2006, 04:48 AM	#1
Iria DriverHeaven Extreme Member Join Date: Apr 2004 Posts: 7,275 Rep Power: 89	Microsoft Brings the Works Online Source: Business Week _______ You might think the folks at Microsoft have bigger fish to fry than a tiny Bay Area startup named ThinkFree. The company, which offers Web-based word-processing and spreadsheet programs, counts about 60,000 active users, none of whom even pay for the service yet. But there on page six of Microsoft's annual 10-K filing with the Securities & Exchange Commission, submitted in August, Microsoft lists ThinkFree as a rival to its $11.8 billion Office business, used by more than 400 million people around the globe. "It's official now," laughs ThinkFree CEO TJ Kang. "We're definitely on their radar."