Tony Bates

Microsoft Corp and Skype Global S.à r.l have announced that they have entered into a definitive agreement under which Microsoft will acquire Skype, a global Internet communications company, for US$8.5 billion in cash from the investor group led by Silver Lake. The agreement has been approved by the boards of directors of both Microsoft and Skype. 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.Read More…