View Full Version : Microsoft Ltd. for sale on eBay

December 19th, 2007, 07:21 AM
LISBON (Reuters) - Portuguese company Microsoft Lda. plans to put its brand name and business up for sale on online auction site eBay on Wednesday with a starting price of $1 million (http://uk.reuters.com/article/internetNews/idUKL1730253520071217) (496,000 pounds), its chief executive, Ricardo Carvalho, said on Monday.

Microsoft Ltd. is the only company that can use the name Microsoft in Portugal. It registered its name in 1981 while Microsoft Corp, the world's largest software company, began operating in Portugal in 1990.

U.S.-based Microsoft is registered as MSFT in Portugal.

"MSFT has said it was interested in our brand name but needed more time to discuss the matter," Carvalho told Reuters. "We have held talks with them in the past and didn't want to wait for them anymore."

A spokesman for Microsoft in Portugal declined to comment on the situation.

December 19th, 2007, 07:34 AM
Hope MSFT pays a lot for it.

December 19th, 2007, 08:59 AM
Hope MSFT pays a lot for it.

Have no fear. They will recoup all of the costs several times over by selling products under the newly acquired name.

December 19th, 2007, 11:59 AM
So "Microsoft Windows" is called "MSFT Windows" in Portugal? That would be strange.

And $1 million is ofcourse peanuts for mr. Gates. Why don't they ask more than that?