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.

Advertising

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 14 Aug 2014
Swarm has been rolled out to Microsoft’s Windows Phone Store. If you want to be able to check-in from your Windows Phone, you need to get the Swarm app for Windows Phone.
By George Norman on 13 Aug 2014
By getting the foodtweaks app for iOS or Android, you will learn how to consume fewer calories and you will help feed a hungry child and their family. The calories you cut out turn into donations for food banks.
Related News
By George Norman on 29 Jul 2014
Skype for Android provides a handy means of staying in touch with friends, we all know what. What you may not know is that starting with Skype 5.0, you will be able to find friends easier than ever before.
By George Norman on 25 Jun 2014
The cloud storage space that OneDrive puts at your disposal for free has gone up from 7GB to 15GB.
By George Norman on 07 May 2014
Yesterday I invited you to protect your Android smartphone with 360 Security. Today I invite you to protect your Windows-powered machine with 360 Total Security.
By George Norman on 09 Apr 2014
Lots of photos and videos are shared via Instagram (check out some statistics below). Easily save the photos and videos that catch your attention with the free Save-o-gram application.
Advertising
Hot Software Updates
Top Downloads
Become A Fan!
Link To Us!
Microsoft: Skype Belongs to Us
HTML Linking Code