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While the company hasn't historically had an acquisitive culture, that seems to be changing. Last November, Microsoft hired Richard Emerson--a former managing director at the investment bank Lazard Freres--to head its mergers and acquisitions division. A month later, the company announced the purchase of the software developer Great Plains Software for $1.1 billion.
The only possible hitch could be its ongoing legal battle with the U.S. Department of Justice and 18 state governments regarding antitrust violations. Sources interviewed for this article, however, say that a settlement is the most likely outcome for the legal dispute, and that such a resolution would cost Microsoft between $1 billion and $2 billion...
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