Microsoft buys Skype for $8.5 billion

posted by
May 10, 2011
Los Angeles Times    
Posted in News

"In its largest acquisition ever and the tech world's most massive deal in years, Microsoft Corp. is buying Internet communications company Skype Global for a stunning $8.5 billion. ... Skype's software allows users to talk for free online using messaging, voice and video and can also connect them to a land line or mobile phone for a fee. Users will now be able to connect to Microsoft offerings such as Lync, Outlook and Xbox Live, while Skype will support devices such as Xbox and Kinect, the companies said." (05/10/11)  

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