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…

SteelSeries, the leading name in the gaming peripherals, today announced the appointment of Geekay Distribution as the exclusive distributor for the region. SteelSeries will offer its complete suite of its gaming peripherals including headsets, keyboards, mice, and surfaces to gamers in the Middle East. Geekay distributes the entire video games category for several power retailers and hypermarkets along with strong relationship with hundreds of independent game retailers in the region, apart from having a strong retail presence throughout 14 independent game stores spread across three countries namely UAE, Oman and Bahrain.
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