Microsoft Buys Skype

Microsoft-Buys-Skype

Microsoft purchaseed VoIP service juggernaut Skype for $8.5 billion in a deal to officially announced Tuesday morning. The all-cash deal makes Microsoft a powerful player in Internet-based voice and video communications overnight. Microsoft issued a press release Tuesday morning making the rumored acquisition official.

Microsoft says Skype will support Microsoft devices such as Xbox and Kinect, Windows Phone and a wide array of Windows devices. It added the Skype service will be integrated into Microsoft communities such as Lync, Outlook, and Xbox Live. It added that it will also continue to invest in and support Skype clients on non-Microsoft platforms.

“Skype is a phenomenal service that is loved by millions of people around the world,” said Microsoft CEO Steve Ballmer. “Together we will create the future of real-time communications so people can easily stay connected to family, friends, clients and colleagues anywhere in the world.”

Find out why and who else is laughing all the way to the bank HERE

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