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Microsoft closes Skype acquisition

Microsoft closes Skype acquisition Created by MG1 on Oct 17, 2011

Microsoft’s $8.5 billion acquisition of Skype has finally been closed, the company recently announced. The plan is for Skype to become a new business unit within Microsoft, with Skype CEO Tony Bates becoming the president of the newly created Skype division. Users should expect for Microsoft to integrate Skype into a variety of its products, including mobile.
Discussing plans of the future after joining forces with Microsoft, the Skype blog said:
Joining forces with Microsoft is the best way to accelerate this mission and capitalize on our position at the intersection of social, mobile and video communications. Simply put, we want to transform communications. Also adding, “Microsoft is commi... »read more

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