Microsoft closes acquisition of Skype

News Broadband Global 14 OKT 2011
Microsoft closes acquisition of Skype
Microsoft has closed the USD 8.5 billion acquisition of Skype. The completion of the deal marks the official introduction of Skype as a new business division within Microsoft. The companies will remain focused on their shared goal of connecting all people across all devices and accelerating their efforts to transform real-time communications for consumers and enterprise customers. Skype CEO Tony Bates will assume the title of president of the Skype Division of Microsoft with immediate effect, reporting directly to Microsoft CEO Steve Ballmer.

Categories:

Internet

Companies:

Microsoft,  Skype

Regions:

Global

Tags:

Unified communications, Messaging, Company, Services, Corporate, Consumer, Enterprise, Client, Videoconferencing, M&A buyouts & divestments

Related Articles

GLOBAL 16 FEB 2012

Cisco appeals against Microsoft takeover of Skype

Cisco Systems has filed an appeal at the European Commission against Microsoft's takeover of Skype. While the deal has already closed, Cisco said it's concerned about a lack of standards and interoperability among videoconferencing platforms. Cisco warned that Microsoft's plan to integrate Skype with its Lync Enterprise Communications Platform could lock-in businesses who want to reach Skype's 700 million account holders to a Microsoft-only platform. Users would then only be able to communicate with others

ITALY 17 OKT 2011

Microsoft to invest EUR 130 mln targeting Italian SMEs

Microsoft has a three-year plan to invest more than EUR 130 million to digitise small and medium-sized enterprises in Italy, 'Il Sole 24 Ore' reported. The plan could generate EUR 1 billion in overall investments, the newspaper said. Microsoft's plan would stimulate innovation in a time of economic difficulty. It would involve local authorities and the education and healthcare sectors. The head of Microsoft Italia, Pietro Scott Jovane, told the paper that the core project has the goal of upgrading 500,000 c

MIDDLE EAST 14 OKT 2011

Microsoft launches Dynamics AX 2012 ERP in Gulf region

Microsoft Gulf has announced that Microsoft Dynamics AX 2012 is available to enterprise customers across the region. Microsoft Dynamics AX 2012 is a new generation of business applications. It has more than 1,000 new features and enhancements across core enterprise resource planning (ERP) and industry capabilities, it said. As enterprise organisations recognise the limitations of legacy ERP products, AX2012 serves as a highly scalable yet cost-effective service that will maintain a company's competitive edg

GLOBAL 14 OKT 2011

Microsoft lijft Skype definitief in

Microsoft heeft de overname van Skype voor een bedrag van 8,5 miljard dollar afgerond. Hiermee wordt Skype officieel een nieuwe business division binnen Microsoft. Tony Bates, CEO van Skype, is per direct de president van de Skype Division van Microsoft. Hij rapporteert direct aan Microsoft-topman Steve Ballmer. Enkele dagen geleden gaf de Europese Commissie groen licht voor de overname, die in mei van dit jaar werd aangekondigd.

Just In

20 DEC 15:08

Dialog Axiata to offer Starlink satellite service across Sri Lanka

20 DEC 14:51

Sri Lanka raises LKR 10 billion in 5G spectrum auction

20 DEC 14:00

Vi introduces Niyo Zero Forex Markup Card for travelers

20 DEC 13:39

True reshuffles executive team

Commentary

13:56

Video market set for slower growth ahead

11:38

Netflix buys Warner Bros to deepen content catalogue

11:11

KPN's mixed performance in Q3 raises questions for strategy day

15:26

Stock markets breaking records but what happened to Odido's IPO plans?

Background

01:04

The week in telecom: Wi-Fi bolt-ons take off to boost broadband growth, video market works on consolidation

01:39

The week in telecom: Netflix wins bidding for Warner Bros, Apple poaches new execs, Samsung debuts trifold

13:51

Proximus vs. Telenet: Proximus performs better in Q3 while Telenet uses up cash

14:16

Proximus Domestic still struggling with low margins

Complete profile

Before downloading the whitepaper, we would like to ask you to complete your profile with company and position. After confirming you will receive the white paper.