Microsoft Announces Skype Acquisition For 8.5 Billion


Microsoft CEO Steve Ballmer and Skype CEO Tony Bates discuss the... News PhotoCalifornia,Corporate Business,Discussion,Finance,Four Seasons Hotel,Horizontal,Internet,Mergers and Acquisitions,Microsoft,Press Conference,San Francisco - California,Steve Ballmer,Talking,Technology,USAPhotographer Collection: AFP 2011 AFPMicrosoft CEO Steve Ballmer and Skype CEO Tony Bates (R) discuss the future of Skype with Microsoft during the press conference at Four Seasons Hotel on May 10, 2011 in San Francisco, California. Microsoft is buying Internet phone service company Skype for $8.5 billion dollars in a move aimed at carving out a bigger presence in an online arena dominated by Google and Facebook.The acquisition of Skype, which had reportedly also attracted interest from Cisco, Facebook and Google, is the largest ever by the US software giant. AFP PHOTO / Kimihiro HOSHINO (Photo credit should read KIMIHIRO HOSHINO/AFP/Getty Images)