Microsoft to Acquire Skype for $8.5 Billion

Software giant Microsoft Corp. has agreed to purchase Internet telephony company Skype Technologies SA, for $8.5 billion in cash, adding the world’s biggest provider of international telephone calls to its portfolio.
Microsoft to Acquire Skype for $8.5 Billion
Microsoft CEO Steve Ballmer (L) shakes hands with Skype CEO Tony Bates during a news conference on May 10, 2011 in San Francisco, California. Microsoft has agreed to buy Skype for $8.5 billion. Justin Sullivan/Getty Images
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<a><img src="https://www.theepochtimes.com/assets/uploads/2015/09/113919605.jpg" alt="Microsoft CEO Steve Ballmer (L) shakes hands with Skype CEO Tony Bates during a news conference on May 10, 2011 in San Francisco, California. Microsoft has agreed to buy Skype for $8.5 billion. (Justin Sullivan/Getty Images)" title="Microsoft CEO Steve Ballmer (L) shakes hands with Skype CEO Tony Bates during a news conference on May 10, 2011 in San Francisco, California. Microsoft has agreed to buy Skype for $8.5 billion. (Justin Sullivan/Getty Images)" width="320" class="size-medium wp-image-1804210"/></a>
Microsoft CEO Steve Ballmer (L) shakes hands with Skype CEO Tony Bates during a news conference on May 10, 2011 in San Francisco, California. Microsoft has agreed to buy Skype for $8.5 billion. (Justin Sullivan/Getty Images)
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