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Tuesday, November 8, 2011

Best Buys MindShift for $167 million.

Best Buy has bought MindShift a cloud service company for $167 million. This will provide IT services to small and mid sized businesses. Best Buy sayes that they estimate that there is $40 billion in this market. With Best Buys distribution capabilities, they deffently will have a competitive edge on the market now.

http://www.forbes.com/2011/11/07/best-buy-acquires-cloud-services-company-mindshift-marketnewsvideo.html?partner=yahootix

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