Technology
Microsoft buying Skype for $8.5 billion
By Seattle Business Magazine May 10, 2011
Microsoft announced Tuesday that it’s buying the internet phone company Skype for $8.5 billion, making it the largest acquisition in Microsoft’s history. Founded in 2003, Luxembourg-based Skype connects users via…
Microsoft announced Tuesday that it’s buying the internet phone company Skype for $8.5 billion, making it the largest acquisition in Microsoft’s history.
Founded in 2003, Luxembourg-based Skype connects users via internet-based telephony and video, mostly at no charge.
Skype will become a division of Microsoft. CEO Steve Ballmer called it “a phenomenal service that is loved by millions of people around the world.
Ballmer added: 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.