S&P affirms Microsoft on acquisition

S&P said it affirmed its AAA long-term corporate credit rating and A-1+ short-term corporate credit rating on Microsoft Corp.

The outlook is stable.

At the same time, the agency affirmed its AAA issue-level ratings on the company’s senior unsecured notes and its A-1+ rating on the commercial paper program.

"Our rating affirmation on Microsoft Corp. reflects our view that the company's acquisition of LinkedIn Corp. adds to its diversified product portfolio to include a high-growth professional social networking company, despite LinkedIn's relatively small revenue base, at about 4% of Microsoft's total revenues," S&P credit analyst David Tsui said in a news release.

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