Microsoft closes acquisition of Skype

Friday 14 October 2011 | 10:20 CET | News
Microsoft has closed the USD 8.5 billion acquisition of Skype. The completion of the deal marks the official introduction of Skype as a new business division within Microsoft. The companies will remain focused on their shared goal of connecting all people across all devices and accelerating their efforts to transform real-time communications for consumers and enterprise customers. Skype CEO Tony Bates will assume the title of president of the Skype Division of Microsoft with immediate effect, reporting directly to Microsoft CEO Steve Ballmer.

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.


Already registered?

Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: Internet
Companies: Microsoft / Skype
Countries: World
::: add a comment

Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Cisco appeals against Microsoft takeover of Skype

Published 16 Feb 2012 08:52 CET | World
Cisco Systems has filed an appeal at the European Commission against Microsoft's takeover of Skype. While the deal has already ...

Microsoft to invest EUR 130 mln targeting Italian SMEs

Published 17 Oct 2011 09:58 CET | Italy
Microsoft has a three-year plan to invest more than EUR 130 million to digitise small and medium-sized enterprises in Italy, 'Il ...

Microsoft launches Dynamics AX 2012 ERP in Gulf region

Published 14 Oct 2011 10:59 CET | Middle East
Microsoft Gulf has announced that Microsoft Dynamics AX 2012 is available to enterprise customers across the region. Microsoft ...

Microsoft lijft Skype definitief in

Published 14 Oct 2011 10:46 CET | World
Microsoft heeft de overname van Skype voor een bedrag van 8,5 miljard dollar afgerond. Hiermee wordt Skype officieel een nieuwe ...