Microsoft: Skype Belongs to Us
Article by George Norman
On 11 May 2011
Popular instant messaging and VoIP client Skype, which has more than 30 million concurrent users at peak times, will soon belong to Redmond-based software giant Microsoft. Rumor on the web had it that Google and Facebook were interested in acquiring Skype. Turns out that neither Google nor Facebook got their hands on Skype; Microsoft got its hands on the company instead.

The two companies, Microsoft Corp and Skype Global S.à.r.l., announced that they entered a definitive agreement and that as part of this agreement Microsoft will acquire Skype for the sum of $8.5 billion in cash. The boards of directors of both Microsoft and Skype have approved the acquisition agreement.

Sponsored Links

According to Microsoft, by acquiring Skype, it will be able to enhance its existing portfolio of real-time communications products and services. The benefit for Skype is that its world-class brand will be extended and its networked platform will gain new reach.

"Microsoft and Skype share the vision of bringing software innovation and products to our customers," said Tony Bates, Skype CEO who will become President of the Microsoft Skype Division and will report directly to Steve Ballmer. "Together, we will be able to accelerate Skype's plans to extend our global community and introduce new ways for everyone to communicate and collaborate".

"Skype is a phenomenal service that is loved by millions of people around the world," said Microsoft CEO Steve Ballmer. "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. Tony Bates has a great track record as a leader and will strengthen the Microsoft management team. I'm looking forward to Skype's talented global workforce bringing its insights, ideas and experience to Microsoft."

What does the acquisition mean for Microsoft customers?
Skype will support Microsoft devices like Xbox and Kinect, Windows Phone and a wide range of Windows devices, and Microsoft will connect Skype users with Lync, Outlook, Xbox Live and other communities.

What does the acquisition mean for non-Microsoft customers?

Microsoft said it will continue to support Skype for non-Microsoft platforms and it will continue to invest in non-Microsoft platforms.



Tags: Microsoft, Skype
About the author: George Norman
George is a news editor.
You can follow him on Google+, Facebook or Twitter

I Hope you LIKE this blog post! Thank you!
What do YOU have to say about this
blog comments powered by Disqus
Popular News
By George Norman on 10 Feb 2016
The first fun fact you should know about Flickr is that it is the same age as Facebook. Both of them were released in February 2004, both of them just turned 12.
By George Norman on 10 Feb 2016
By taking a close look at the true cost of romance, you will uncover that the way you initiate a date affects how much you’ll spend and that using apps and online dating is cheaper than...
Related News
By George Norman on 27 Aug 2015
Windows 10 is even more successful than its predecessors, Windows 7 and Windows 8. It's been about a month and it's already on 75 million devices.
By George Norman on 05 Jan 2016
Seeing that is offered as a free upgrade and that Microsoft is aggressively asking customers to upgrade, it comes as no surprise that Windows 10...
By George Norman on 11 Sep 2015
Except for some aspects that are annoying, Windows 10 is actually pretty good. You wouldn’t be wrong to say that it’s an improvement over its predecessors and that ...
By George Norman on 27 Oct 2015
Skype is breaking down communication barriers and helping you communicate with others easier than ever before thanks to these 4 new features.
Sponsored Links
Hot Software Updates
Top Downloads
Become A Fan!
Link To Us!
Microsoft: Skype Belongs to Us
HTML Linking Code