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Microsoft Closes Its Acquisition of Skype

Oct 14, 2011, 7:21 AM by Eric M. Zeman

Microsoft today said that it is now the official owner of Skype, as the deal has cleared the necessary regulatory hurdles to proceed. Microsoft paid $8.5 billion for Skype, the deal was first announced in May. Now that the acquisition is complete, Skype will become a new division within Microsoft, and will be led by former Skype CEO Tony Bates, who will report directly to Microsoft CEO Steve Ballmer. Microsoft and Skype said their goal moving forward is to connect all people across all devices and speed up the availability of real-time communications for businesses and consumers alike. Microsoft purchased Skype from private equity investor, who purchased Skype from eBay.

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Comments

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jschodde

Oct 14, 2011, 1:34 PM

Well, there goes Skype as we know it...

Yet another fine product eaten whole by Microsoft only to be buried within some other product with a different name. Remember Groove? 😕

T Bone

Making it an independent division within the company, led by the same person as before, who answers to no one except Steve Ballmer, hardly sounds like an attempt to 'bury' the company, quite the opposite in fact, it sounds like Skype is being given a ...
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...

jjprusk

Yeap, bye bye Skype. Too bad as this service had good potential. Now it will go in the trash bin along with Zune, Bob, etc. Actually, the whole company is headed there as well - M$ is like a huge tree rotten at the core. Soon, timberrrrr.

...

jjprusk

Looks like a good opportunity for either google or apple to create a product while M$ "hugs" Skype to death. Probably best served as a "gmail" or "iCloud" feature.

Oh well, there may be an opportunity to own Skype when they finally split-up M$, can...
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