Friday, November 27, 2015
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
NSA's Phone Surveillance Program Changes
Lenovo and Razer Partner to Make Gaming PCs
LG Display Makes Huge Investment in OLED Panels
Sony To Bring Remote Play Feature To PS4
MINIX NEO U1 Media Hub for Android Coming Next Week
Samsung Joins Audi’s Progressive SemiConductor Program
German ISPs May Block Music-sharing Sites: court
Study Says HTTPS Certificate and SSH Key Reuse Endangers Millions of Devices Worldwide
Active Discussions
How to back up a PS2 DL game
Copy a protected DVD?
roxio issues with xp pro
How to burn a backup copy of The Frozen Throne
Help make DVDInfoPro better with dvdinfomantis!!!
Copied dvd's say blank in computer only
menu making
Optiarc AD-7260S review
 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.

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
Black Friday Deals on Microsoft device
Microsoft Offers Movies, Music, Games, And Apps For just 10 Cents
Microsoft Starts Selling The New Lumia 950 Phones
Microsoft To Store Customers' Data in Germany
Microsoft To Offer Cloud Services From Data Centers Based in The UK
Microsoft Band Available Today
Microsoft Opens Flagship Store on New York City’s Fifth Avenue
Microsoft Buys Havok
Microsoft Works On A Laptop Battery System That Adapts To Your Habits To Last Longer
Microsoft Expands Licensing Agreements With Asus, I-O Data
Google, Microsoft Resolve Global Patent Fight
Microsoft Changes Its Financial Reporting Structure

Most Popular News
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2015 - All rights reserved -
Privacy policy - Contact Us .