Monday, June 26, 2017
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Microsoft Patent Describes Plan to Stop Thieves Stealing Laptops
Nokia 6 Smartphone Will be Available on Amazon
Toshiba Chip-Unit Final Agreement Said to be Delayed, WD Opposes Participation of SK Hynix
Smart Switch App Lets you Move Everything from your Old Phone to a Newer Galaxy Device
HERE and Pioneer Partner on Global Map Solutions
Facebook Plans to Produce Original Shows
LG Innotek to Start mass Production of Flexible PCBs
Samsung to Open Home Appliance Factory in South Carolina
Active Discussions
Which of these DVD media are the best, most durable?
How to back up a PS2 DL game
Copy a protected DVD?
roxio issues with xp pro
Help make DVDInfoPro better with dvdinfomantis!!!
menu making
Optiarc AD-7260S review
cdrw trouble
 Home > News > General Computing > Microso...
Last 7 Days News : SU MO TU WE TH FR SA All News

Tuesday, May 10, 2011
Microsoft to Acquire Skype


Microsoft and Skype today announced that they have entered into a definitive agreement under which Microsoft will acquire Skype, the Internet communications company, for $8.5 billion in cash from the investor group led by Silver Lake.

The agreement has been approved by the boards of directors of both Microsoft and Skype.

Skype had 170 million connected users and served over 207 billion minutes of voice and video conversations in 2010. Microsoft has a long-standing focus and investment in real-time communications across its various platforms, including Lync (which saw 30 percent revenue growth in Q3), Outlook, Messenger, Hotmail and Xbox LIVE.

Skype will support Microsoft devices like Xbox and Kinect, Windows Phone and a wide array of Windows devices, and Microsoft will connect Skype users with Lync, Outlook, Xbox Live and other communities. Microsoft added that it would continue to invest in and support Skype clients on non-Microsoft platforms.

"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."

Skype will become a new business division within Microsoft, and Skype CEO Tony Bates will assume the title of president of the Microsoft Skype Division, reporting directly to Ballmer.

Founded in 2003, Skype was acquired by eBay in September 2005, and then acquired by an investment group led by Silver Lake in November 2009.

Other members of the selling investor group led by Silver Lake include eBay International AG, CPP Investment Board, Joltid Limited in partnership with Europlay Capital Advisors; and Andreessen Horowitz.

The acquisition is subject to regulatory approvals and other customary closing conditions. The parties hope to obtain all required regulatory clearances during the course of this calendar year.


Previous
Next
HDMI Consortiun Launches To Offer Marketing Support for Consumer-Branded HDMI Products        All News        SCEJ to Released Stereo Earphones For PSP
Infineon Purchases Manufacturing Facilities from Qimonda     General Computing News      Latest Crome Beta Offers Fancier graphics, Safer Downloads

Get RSS feed Easy Print E-Mail this Message

Related News
Microsoft Patent Describes Plan to Stop Thieves Stealing Laptops
Microsoft Stream Video Services Available Worldwide
Microsoft AI Masters Pac-Man
Microsoft Windows XP and Vista Covered by Latest Security Patches Against Potential Nation-state Activity
Microsoft to buy Cyber Firm Hexadite
Microsoft Redesigns Skype to Compete With Snapchat
Microsoft Shows Always-Connected PCs, Mixed Reality Designs at Computex 2017
Microsoft's Beam Streaming Service Becomes "Mixer"
BUILD 2017: Microsoft Announces New Tools and Services to Help Developers Build More Intelligent Apps
Microsoft's Nadella Hints On A Possible Surface Phone
Microsoft Cloud Strength Highlights Third Quarter Results
Microsoft Says U.S. Foreign Intelligence Surveillance Requests Doubled

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2017 - All rights reserved -
Privacy policy - Contact Us .