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Microsoft completes Skype acquisition, deal still under review in some European countries

It had to happen sometime. Per Macworld, Microsoft announced on Friday that it has closed its US$8.5 billion acquisition of Skype, the Internet telephony provider in Luxembourg, and the company will function as a new business division within Microsoft. Skype CEO Tony Bates will assume the title of president of the new Skype Division immediately, […]

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News Software

Microsoft purchases Skype for $8.5 billion

You’ve got to admit, Skype does have its uses. And companies tend to see this. According to Fortune, Microsoft has agreed to buy the voice-over-Internet company for US$8.5 billion, including the assumption of debt. There had been reports last week that Skype was in acquisition or partnership talks with both Microsoft and Facebook. Skype will […]