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Sunar has taken a risk, and now it is the company to own.
The Swiss brand has hired former Google executive and founder and former Microsoft executive Steve Ballmer to be its new chief executive.
Ballmer left Microsoft a few months ago, and was widely expected to take over.
The deal could give Sunar a lot more room to operate.
Ballmers decision is the latest in a string of high-profile moves at Sunar in recent years, as it seeks to turn around its business in China.
Sunar has already announced that it is looking to hire another former Microsoft CEO in the next few months.
Ballmer’s move also marks a big change in Sunar’s strategy in China, where the company has struggled to grow the user base it once dominated in a country that is rapidly turning to tech startups and Internet-based services.
According to analysts, Sunar could be the company that solves the company’s most pressing problems, and could lead to new investments and new revenue.
Sunar was founded in 2009 by an Italian-born entrepreneur who has been a big fan of Google, and has worked with the tech giant on products like its Nexus smartphones.
“Sunar is looking forward to a better future,” Ballmer said in a statement.
“I have the deepest respect for Sunar and its founder, Robert Borsodi, and believe they are the right people to lead the company into the future.”
Ballmers hiring comes just days after Google announced that Ballmer will leave the company and take over as chairman and CEO.
While Ballmer is a Google fan, he has been one of the biggest critics of the company in China over the years.
He criticized the company for not being able to compete with Amazon in China and has criticized the tech firm for not providing more Chinese employees to the U.S. and other parts of the world.
At the same time, Ballmer has also said that he believes in the potential of Google in China but also believes in Sunars business model.
He has said that Sunar is “doing the right thing” by investing in Chinese companies, which could mean a lot to the brand and its users.
The news of Ballmer’s hiring comes a few weeks after Microsoft hired Steve Ball, a former Google exec, to be CEO of its cloud and operating system division.
Microsoft was rumored to be looking for Ballmer as well in the past.
But it is Ballmer who has had the biggest impact in Sunaar’s transformation over the last few years, and is now one of its most vocal critics.
It was Ballmer, however, who was responsible for the departure of the CEO from Microsoft in 2015.
That CEO was Paul Allen, who left the company after a number of years in charge.
Now Ballmer can take over the reins of the once dominant company.
Last month, Ballmers hiring brought more focus to the new company, which has been working to build its China business over the past few years.
On Tuesday, Sunaars stock jumped about 25% after the news of its hiring, which is a big boost for the brand. More: