Microsoft Acquires Skype for $8.5 Billion

After rumors Microsoft has acquired the VoIP giant Skype for $8.5 billion in cash.The company has pledged to continue supporting and developing Skype clients on non-Microsoft platforms as well.Skype will become a new business division within Microsoft, and its current chief executive Tony Bates will assume the title of president of the Microsoft Skype Division, reporting directly to Microsoft CEO Steve Ballmer.

Hope Microsoft and Skype together will enable more people to connect in more waysbringing innovative technology to friends, families and colleagues everywhere.


Via@ Mashable