Entries in acquisition (125)

Tuesday
May102011

Breaking News: Microsoft buys Skype for $8.5 Billion

 

By Gadjo Cardenas Sevilla

Microsoft has acquired internet telephony service Skype for a whopping US $8.5 Billion. A Wall Street Journal report  early today confirmed the Redmond software giant had beaten the likes of Facebook, Google and Cisco who were vying to purchase Skype from its previous owner eBay.

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