fromThe Drum
6 days agoMicrosoft swoops in to take over Skype for $8.5 billion but the price shocks some
The agreement has been approved by the boards of directors of both Microsoft and Skype, said Microsoft. "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 company said. "The combination will extend Skype's world-class brand and the reach of its networked platform, while enhancing Microsoft's existing portfolio of real-time communications products and services."