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 Post subject: Microsoft buys Skype for 8.5 million
PostPosted: May 10th, 2011, 7:12 am 
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Joined: March 7th, 2003, 4:05 pm
Posts: 18630
It's official; Microsoft has agreed to acquire Skype for $8.5 billion.

"Skype is a phenomenal service that is loved by millions of people around the world," Microsoft CEO Steve Ballmer said in a statement. "Together we will create the future of real-time communications so people can easily stay connected to family, friends, clients and colleagues anywhere in the world."

Microsoft says that it plans to integrate Skype's technology with the Xbox game console and Kinect motion-sensing device, as well as its Windows Phone platform. It also will "connect Skype users with Lync, Outlook, Xbox Live, and other communities." Perhaps most importantly to Skype users, Microsoft said that it will continue to support "non-Microsoft platforms" with the communication service.

By paying $8.5 billion for Skype, Microsoft has struck its biggest acquisition bid ever. The previous top bid, Microsoft's 2007 acquisition of online advertising firm aQuantive, was valued at $6 billion.

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