Join Today
Results 1 to 6 of 6
  1. #1
    Senior Member
    Join Date
    Dec 2008
    Posts
    12,253
    Thanks (Given)
    0
    Thanks (Received)
    1

    Default Its official - Microsoft buys Skype for 8.5$ Billion


    Microsoft * and Skype today announced that they have entered into a definitive agreement under which Microsoft will acquire Skype, the leading 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.
    The acquisition will increase the accessibility of real-time video and voice communications, bringing benefits to both consumers and enterprise users and generating significant new business and revenue opportunities. The combination will extend Skypes world-class brand and the reach of its networked platform, while enhancing Microsofts existing portfolio of real-time communications products and services.

    With 170 million connected users and over 207 billion minutes of voice and video conversations in 2010, Skype has been a pioneer in creating rich, meaningful connections among friends, families and business colleagues globally. 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 will 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.
    "Microsoft and Skype share the vision of bringing software innovation and products to our customers," said Tony Bates. "Together, we will be able to accelerate Skypes plans to extend our global community and introduce new ways for everyone to communicate and collaborate," Bates said.
    "Tony Bates has a great track record as a leader and will strengthen the Microsoft management team. Im looking forward to Skypes talented global workforce bringing its insights, ideas and experience to Microsoft," Ballmer said.
    Speaking on behalf of the investor group that sold Skype to Microsoft, Egon Durban, managing director of Silver Lake, said: "We are thrilled with Skypes transformation during the period of our ownership and grateful for the extraordinary commitment of its management team and employees. We are excited about Skypes long-term future with Microsoft, as it is poised to become one of the worlds most dynamic and comprehensive communications platforms."
    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. Skype has made impressive progress over the past 18 months under Silver Lakes leadership, increasing monthly calling minutes by 150 percent, developing new revenue streams and strategic partnerships, acquiring the intellectual property powering its peer-to-peer network, and recruiting an outstanding senior management team.
    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.
    testing

  2. #2
    Senior Member
    Join Date
    Nov 2009
    Posts
    491
    Thanks (Given)
    0
    Thanks (Received)
    0

    Default Re: Its official - Microsoft buys Skype for 8.5$ Billion

    Once a small program made in estonia, and now as*-f*cked by microsoft, because as we know they are able to f*ck everything with social plugins like facebook and twitter... Why the f would i need those goddamn plugins in my windows live messenger? Even tho theres an option to turn them off, the button still f*cking takes room... And oh, that stupid Stephen Elop who f*cked nokia up... Sorry if any swear words slipped through, I raged....

  3. #3
    Junior Member
    Join Date
    Jan 2009
    Posts
    4
    Thanks (Given)
    0
    Thanks (Received)
    0

    Default Re: Its official - Microsoft buys Skype for 8.5$ Billion

    this is really a disaster for us. bcoz microsoft will ruin this skype in every aspect.
    I think free HQ video chat will be no more free. MS will provide us crappy free video chat.

  4. #4
    Senior Member
    Join Date
    May 2009
    Posts
    14,027
    Thanks (Given)
    6
    Thanks (Received)
    16

    Default Re: Its official - Microsoft buys Skype for 8.5$ Billion

    Quote Originally Posted by nayan159
    this is really a disaster for us. bcoz microsoft will ruin this skype in every aspect.
    I think free HQ video chat will be no more free. MS will provide us crappy free video chat.
    First HQ video is not Skype strongest point... :P And they (Skype) have being making a mess of what Skype had of good.

    Secondly, why will they make you pay when MS has been giving for free Windows Live (Messenger) that also allows the same free "HQ" video chat?

    Skype main business is not Skype-to-Skype calls and is not for that that MS is buying it.

  5. #5
    Senior Member
    Join Date
    Apr 2010
    Posts
    128
    Thanks (Given)
    0
    Thanks (Received)
    0

    Default Re: Its official - Microsoft buys Skype for 8.5$ Billion

    I can see the Skype app getting pulled from the app store because of that microsoft logo.

  6. #6
    Member
    Join Date
    Apr 2009
    Posts
    41
    Thanks (Given)
    0
    Thanks (Received)
    0

    Default Re: Its official - Microsoft buys Skype for 8.5$ Billion

    So hopefully Nokia users will get video chat in skype


 

Similar Threads

  1. Its official - Microsoft buys Skype for 8.5$ Billion
    By phattrance in forum Software Discussion
    Replies: 3
    Last Post: 05-13-2011, 12:46 PM
  2. Microsoft to buy Skype tomorrow for 8$ billion
    By phattrance in forum Windows Phone 7 / 7.5 / 7.8
    Replies: 3
    Last Post: 05-12-2011, 12:31 PM
  3. Microsoft buying Skype tomorrow for 8$ billion
    By phattrance in forum iPhone Forum
    Replies: 2
    Last Post: 05-11-2011, 02:39 PM
  4. Microsoft paying Nokia over $1 Billion for the Nokia and Microsoft alliance
    By phattrance in forum Windows Phone 7 / 7.5 / 7.8
    Replies: 7
    Last Post: 03-08-2011, 11:32 PM
  5. Skype buys Qik for $150 Million
    By phattrance in forum iPhone Forum
    Replies: 0
    Last Post: 01-06-2011, 07:04 PM

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •