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Microsoft Agrees $8.5Bn Deal To Buy Voip Giant Skype

Discussion in 'News & Current Events' started by starbuck, May 10, 2011.

  1. starbuck

    starbuck Rest In Peace Pete Administrator

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    Microsoft has confirmed that it will buy Skype in an $8.5bn deal which will see the VoIP firm's technology supporting Microsoft devices like Xbox and Windows Phone and integrating with services including Lync, Outlook and Xbox Live.

    The deal, which had been widely rumoured since late on Monday, has been approved by both boards and will benefit consumers and enterprises, according to Microsoft.

    "By brining together the best of Microsoft and Skype we'll empower people with new technologies which should bring them closer together," said Microsoft chief executive Steve Ballmer during a webcast to announce the deal.

    "Anytime people talk about communications they talk about Skype. Clearly it has built innovative products with global scale and the number of users are rapidly accelerating."

    Skype will become a separate business division within Microsoft, and the VoIP firm's chief executive, Tony Bates, will become president of the Microsoft Skype Division.

    Source:
    http://www.v3.co.uk/v3-uk ews/2069573/microsoft-agrees-usd85bn-deal-voip-giant-skype
     
    starbuck, May 10, 2011
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