While Satya Nadella is celebrated for turning around Microsoft, the CEO says that his predecessor, Steve Ballmer, encouraged the early moves to the cloud.
's stock price has more than quadrupled since Satya Nadella took over as CEO six years ago, thanks to the company's rapid growth in cloud computing., for making the decision to take on Amazon Web Services in cloud infrastructure, where Microsoft is now the clear No. 2 player.
"The guy who gave me permission to do all this was Steve Ballmer," Nadella told CNBC's Jim Cramer on Thursday, in an interview onfrom Microsoft's headquarters in Redmond, Washington. "He wanted us to be bold and go at the cloud very aggressively, and that's what we did." With a market value of $1.27 trillion, Microsoft is the third most valuable public company, behind Saudi Aramco and
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