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Microsoft Buys Skype for $8.5 Billion

May 10, 2011, 9:23 AM by Eric M. Zeman

Microsoft today announced its intent to acquire Skype for $8.5 billion in cash, pending approval from the boards of both companies. Microsoft will use Skype to increase the capabilities of its products' real-time voice and video communications tools. Skype will support Microsoft devices like Xbox and Kinect, Windows Phone, and Microsoft will connect Skype users with Lync, Outlook, Xbox Live, etc. Microsoft said it will continue to invest in and support Skype clients on non-Microsoft platforms. Skype will become its own division within Microsoft, headed by current CEO Tony Bates. Skype maks video/voice chatting software for a number of mobile platforms, such as Android and iOS.

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Comments

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This forum is closed.

dparra137

May 10, 2011, 12:53 PM

In CASH?!?!?!?

Microsoft is starting to sound more like a loan shark if they have 8.5 Billion in CASH!!! 🤨

dh8ight

Really!?!?!?! It means that Skype willa ctually recieve funds for the sale and not assets (ie: hardware, software, stocks, bonds). Pleas tell me you were trying to be cut...cuz then you wouldn't sound retarded and just like a dumb-ass.

MadLib

Do you think that Microsoft (or any company, for that matter) would literally use paper money for a transaction of this size?

The days of large cash transactions are over, brah. Back in the day before computers, banks (you know, the institutions c...
(continues)

Fredd

Microsoft total revenue for period ending Jun 30, 2010 was $62,484MM. Net income was $18,760MM. So that is 45% of net income for one year. The purchase price will be amortized over several years, does not dilute the MS shareholders interest, so lik...
(continues)

Mark_S

May 10, 2011, 5:08 PM

What else

Microsoft has already ruined IE let's see what they can do with SKYPE. 😢

floex831

May 10, 2011, 10:26 AM

Hope it stays reliable.

I sincerely hope that unlike my MSN MESSENGER, with MS acquriing Skype, it doesn't start failing as well.

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