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Microsoft Closes Its Acquisition of Skype

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Oct 14, 2011, 7:21 AM   by Eric M. Zeman

Microsoft today said that it is now the official owner of Skype, as the deal has cleared the necessary regulatory hurdles to proceed. Microsoft paid $8.5 billion for Skype, the deal was first announced in May. Now that the acquisition is complete, Skype will become a new division within Microsoft, and will be led by former Skype CEO Tony Bates, who will report directly to Microsoft CEO Steve Ballmer. Microsoft and Skype said their goal moving forward is to connect all people across all devices and speed up the availability of real-time communications for businesses and consumers alike. Microsoft purchased Skype from private equity investor, who purchased Skype from eBay.

more info at Microsoft »

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Well, there goes Skype as we know it... jschodde Oct 14, 2011, 1:34 PM
 
 
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