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Tuesday, May 10, 2011

Microsoft to acquire Skype for $8.5 billion


Microsoft has agreed to acquire Skype for $8.5 billion.
"Skype is a phenomenal service that is loved by millions of people around the world," Microsoft CEO Steve Ballmer said in a statement. "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."
Microsoft says that it plans to integrate Skype with the Xbox and Kinect, as well as its Windows Phone platform. It also plans to "connect Skype users with Lync, Outlook, Xbox Live, and other communities." Perhaps most importantly to Skype users, Microsoft said that it will continue to support "non-Microsoft platforms" with the communication service.                                                                
Microsoft hopes to close the deal at some point during this year. Skype CEO Tony Bates will be president of the Microsoft Skype Divisio 

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