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Microsoft acquire Skype for $8.5bn

Written by Luke Smith. Posted in Microsoft

Microsoft confirmed on Tuesday it has agreed an $8.5bn (£5bn) cash deal to buy internet telephony service Skype, the biggest deal in its 36-year history.

The acquisition will see Skype established as a separate business division inside Microsoft, dubbed Microsoft Skype, alongside XBox Live, Kinect and Windows Phone.

Tony Bates, the Skype chief executive, will become president of Microsoft Skype and report directly to the technology giant’s chief executive, Steve Ballmer.

more information here: http://www.microsoft.com/Presspass/press/2011/may11/05-10CorpNewsPR.mspx

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Luke Smith

I’ve been working with Microsoft Technologies for over 20 years, my main focus now being Microsoft Online Services. I manage the Cloud Services at ElysianIT Limited and as a P-SELLER at Microsoft. I have worked with many organisations from SMC to Enterprise. I’ve been working with Microsoft Technologies since DOS 5.0, to date I have been working on Microsoft’s latest cloud technology Windows Azure, Windows 10 Office 365 and Microsoft SharePoint

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