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Author Topic: Microsoft to buy Skype for $8.5 billion  (Read 2108 times)

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Offline Chris_

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Microsoft to buy Skype for $8.5 billion
« on: May 10, 2011, 10:21:24 AM »
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Fortune has confirmed that Microsoft (MSFT) has agreed to buy the voice-over-Internet company for $8.5 billion, including the assumption of debt. Expect a formal announcement within the next hour.

Skype will become a new business unit within Microsoft, to be run by current Skype CEO Tony Bates. He will report directly to Microsoft boss Steve Ballmer.
CNN Money

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