Microsoft: Swiss social media company bought
In a deal worth millions, Microsoft has bought a small Zurich-based social media company. The company Netbreeze is based in Dübendorf.
The parties had been in negotiations for months. This writes Handelszeitung.ch on Tuesday. "According to circles, the takeover price is likely to be in the small double-digit million range," it continues. Netbreeze's website has already been switched off.