Posts Tagged ‘phone service’

Microsoft Buys Skype for $8.5bn

Wednesday, May 11th, 2011

Sooner or later, Skype is bound to redefine the whole concept of telephone service …

The once-dominant software company has agreed to pay more than three times Skype’s valuation just 18 months ago

Microsoft’s acquisition of Skype, its biggest ever, is an $8.5bn (£5bn) gamble to try to catch up with Apple and Google.