Microsoft to buy Skype for $ 8.5 billion with net cash

Posted Date: 11-May-2011	Category: I would like to	Rating:
Author: Hafeezur Rahman P	Member Level: Gold	Points: 10 (Rs 2)

This piece of information is about Microsoft organization that proposed to purchase Luxembourg based Skype for $ 8.5 billion with net cash and Skype is one of the popular in the world for web-calling service; Skype has around 160 millions active users to get benefit from Skype service.

Microsoft to buy Skype

It is good news for Microsoft Company and its application or online users that Microsoft is about to acquire Luxembourg based Skype for 8.5 billion dollars with hot cash. Skype is the world's largest web-calling service provider and it has around 160 to 170 millions active users across globe for its unique services.

Microsoft Skype

Skype will become a division of Microsoft and Skype CEO Tony Bates will be re-designated as President for Microsoft Skype division. Skype Web-Calling will be added to Xbox of Microsoft Outlook. Microsoft is planning to expand its online presence after past failure, it is attracting to online users with huge competition environment to be on top with advertising and revenue opportunity.

Brief info about Skype

Skype begun service from 2003 and its founder were Niklas Zennstrom and Janus Friis. Skype investors include private equity firm Silver Lake, ebay and venture capital firm Andreeessen Horowitz. Skype started to serve for its member to chat online freely, calling PC to PC and Video calling.

Post Comment:

Notify me by email when others post comments to this article.

Do not include your name, "with regards" etc in the comment. Write detailed comment, relevant to the topic.

No HTML formatting and links to other web sites are allowed.

This is a strictly moderated site. Absolutely no spam allowed.

Name:	Sign In to fill automatically.
Email:	(Will not be published, but required to validate comment)
	Type the numbers and letters shown on the left.