Tuesday, May 10

Microsoft Acquires Skype for $8.5 Billion

Microsoft and Skype have finally broken the ice by announcing that Skype, the software that allows users to make voice calls and chats over the Internet, has been sold to Microsoft Corporation for a sum of $8.5 billion. This is great news for Microsoft, who has good ideas in mind for this new pet. It will bring Skype's functions into its vast expansion of technology fields, from mobile phones to the latest computer to its gaming industry, as Microsoft CEO Steve Ballmer states that it will "invest in and support Skype clients on non-Microsoft platforms." Let's hope this deal does some good for $8.5 B to be spent on.


Source: Microsoft to Acquire Skype Press Release

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