"The agreement has been approved by the boards of directors of both Microsoft and Skype, said Microsoft. "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," the company said. "The combination will extend Skype's world-class brand and the reach of its networked platform, while enhancing Microsoft's existing portfolio of real-time communications products and services.""
"With 170 million connected users and over 207 billion minutes of voice and video conversations in 2010, Skype has been a pioneer in creating rich, meaningful connections among friends, families and business colleagues globally. Skype will support Microsoft devices like Xbox and Kinect, Windows Phone and a wide array of Windows devices, and Microsoft will connect Skype users with Lync, Outlook, Xbox Live and other communities. Microsoft will continue to invest in and support Skype clients on non-Microsoft platforms."
Microsoft completed an $8.5 billion acquisition of Skype, a move that transfers hundreds of millions of users and some debt to Microsoft. The deal was approved by both companies' boards and is intended to expand accessibility of real-time video and voice communications for consumers and enterprises. The acquisition aims to extend Skype's brand and network while enhancing Microsoft's portfolio of communications products and services. Skype usage includes hundreds of millions of users and hundreds of billions of minutes of voice and video conversations. Skype will be integrated with Xbox, Kinect, Windows Phone, Windows devices, Lync, Outlook and Xbox Live, with continued support for non-Microsoft platforms.
Read at The Drum
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