When Satya Nadella was named CEO of Microsoft in 2014, the company was in pickle.
Apple and Google were demolishing Microsoft in the smartphone business – thus, chipping away at the dominance of the Windows computing platform. That was compounded by the lukewarm response to Windows 8, which was then the latest version.
But then, Nadella took over for his predecessor, Steve Ballmer. Microsoft corrected the course, made some big deals – like $US2.5 billion for Minecraft-maker Mojang and $US26.2 billion for LinkedIn – and refocused on growth businesses like cloud computing. Now, the stock is hitting all time highs, and Microsoft is back on track.
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