Microsoft buying Skype for $8.5 Billion

  • Bigwebmaster
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Post 3+ Months Ago

Quote:
Microsoft has agreed to buy Internet phone service provider Skype for $8.5 billion in cash, the companies announced Tuesday.

Skype -- currently owned by a group led by private equity firm Silver Lake -- will become a new business unit within Microsoft, which will be run by Tony Bates, the company's current chief executive.

Microsoft said it plans to incorporate Skype's real-time video and voice communications into its existing product lines, including Office, Windows Phone and the Xbox gaming system.


http://money.cnn.com/2011/05/10/technol ... ?iid=HP_LN

Overall from my understanding, Skype has been profitable but in the last year they were not. Apparently the majority of their users only use the free version of the Internet Phone.

Skype was actually first purchased by Ebay back in 2005 for $2.6 Billion, but things did not work out for Ebay and they ended up selling Skype to a group of investors for $1.9 Billion in 2009. The Skype deal would rank as the biggest acquisition in the 36-year history of Microsoft.
  • Anonymous
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Post 3+ Months Ago

  • Don2007
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Post 3+ Months Ago

At least Symantec didn't buy it.
  • demonmaestro
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Post 3+ Months Ago

yea i am suprised about that. alittle much if you ask me but hey its Microsoft we are talking about. I would of figured google would of gotten there hands on it first..
  • Zealous
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Post 3+ Months Ago

But google has Google Talk and they are building their own ISP in a way, when google starts building infrastructure to the network then they will just have their own network to run off.
  • WritingBadCode
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Post 3+ Months Ago

Good for Skype. I bet Microsoft have great plans for Skype, perhaps they will add it to hotmail/msn or something.
  • demonmaestro
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Post 3+ Months Ago

actually they are talking about adding it to the xbox live,windows phones, and hotmail...

where have you been???? :hmm:
  • ATNO/TW
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Post 3+ Months Ago

Didn't take them long to break their first open source partnership

http://www.zdnet.com/blog/networking/mi ... rship/1111
  • grinch2171
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Post 3+ Months Ago

Or better yet:

http://www.thinq.co.uk/2011/5/26/skype- ... and-burns/
  • Bogey
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Post 3+ Months Ago

Does Microsoft owns Skype yet or is it still just a deal on paper?

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