Depending on how things turn out in the $8.5 billion Microsoft-Skype deal, Jonas Löfgren, CEO at Swedish start-up MyWidz will either be kicking himself—or breathing a big sigh of relief. Just prior to the Microsoft deal, the company had been in talks with Skype to be acquired. MyWidz provides cloud-based applications development software and services.
According to TechCrunch’s Robin Wauters, MyWidz was trying to get Skype to up its offer, because paying customers were “starting to trickle in,” essentially proving that MyWidz model was solid. Until Microsoft came calling, things seemed on track for the start-up, which is reported to have a solid development team and core technology.
Still, Löfgren appears not to be so worried about what for now looks like a missed opportunity. He is open to a buyout from Skype or some other company, “if the price is right.” And who knows, the second time might be a charm for MyWidz. Read more on TechCrunch.