Sunday, October 26, 2014
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Panasonic to Offload Sanyo's North America TV Business
Google's Pichai to Become Head of Product at Google: report
Internet Explorer 11 Toolkit Allows Enterprise Admins "Spy" On Their Employees
FCC Says Airwave Auction To Delay Until 2016
HP Broadens Moonshot Portfolio With Intel-powered Models
Microsoft To Keep Nokia Brand For Low-end Smartphones
LG Introduces Its First Octa-Core Application Processor
Cloud and Surface 3 Drive Microsoft's Revenue
Active Discussions
Copied dvd's say blank in computer only
How to generate lots of different CDs quickly
Yamaha CRW-F1UX
help questions structure DVDR
Made video, won't play back easily
Questions durability monitor LCD
Questions fungus CD/DVD Media, Some expert engineer in optical media can help me?
CD, DVD and Blu-ray burning for Android in development
 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 To Keep Nokia Brand For Low-end Smartphones
Cloud and Surface 3 Drive Microsoft's Revenue
Microsoft And Dell Puts Azure In A Box
Microsoft To Launch A Wearable Device Soon
Skype Qik Keeps You Engaged Between Calls
Microsoft CEO Apologizes For Suggesting Women not Ask for Raises
Microsoft says Samsung owes Millions in unpaid Patent Royalties
Microsoft Wireless Display Adapter Connects Miracast Devices to HDTVs
Microsoft Releases New Arc Touch Bluetooth Mouse, PC Accessories
Microsoft To Hold Next-generation Windows Event
Microsoft to Buy Minecraft maker Mojang
Microsoft To Drop The Nokia Branding

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2014 - All rights reserved -
Privacy policy - Contact Us .