Microsoft Announces Skype Acquisition For 8.5 Billion

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Microsoft CEO Steve Ballmer and Skype CEO Tony Bates speak during an... News PhotoCEO,California,Corporate Business,Finance,Horizontal,Internet,Mergers and Acquisitions,Microsoft,San Francisco - California,Skype,Steve Ballmer,Talking,Technology,USA,VoIPPhotographer Collection: AFP 2011 AFPMicrosoft CEO Steve Ballmer (L) and Skype CEO Tony Bates (R) speak during an announcement 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)