No. Embrace, Extend, Extinguish was replaced by the AAA strategy: Acquire, Assimilate, Abandon. They were trying to be more Google-like with that "Abandon" step I think.

They've since moved on to the SSS strategy: Ship, Slip, Slop.

Good heavens! My acronymical notes on Microsoft's product strategy are two revisions out of date!

Damn, I thought it was "Slop, Ship, Smile"