6 Most Expensive Tech Slip-Ups

By siliconindia   |   Monday, 12 September 2011, 22:30 IST
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2. Microsoft bonds with Danger
Microsoft
In Feb 2008, Microsoft announced its agreement to acquire Danger at a price of $500 million, the company responsible for the software and services powering many popular consumer handsets. The acquisition was suppose to align Danger's nearly 10 years of expertise in the mobile consumer space with Microsoft's vision to provide innovative and compelling mobile experiences to a growing base of consumers. But Microsoft's $500 million acquisition of mobile software maker Danger went on to become a huge flop as we witnessed T-Mobile announced that service to its once-popular Sidekick devices be discontinued by March 2011.