Microsoft to Acquire Skype for $7-$8 Billion?

Microsoft is rumored to acquire Skype for $7-$8 billion, according to Wall Street Journal. The acquisition is expected to be announced as soon as Tuesday but we are yet to know about the final negotiations.

At a value close to $8 billion, the Skype deal would rank as the biggest acquisition in the 36-year history of Microsoft, a company that traditionally has shied away from large deals. In 2007, Microsoft paid approximately $6 billion to acquire online advertising firm aQuantive Inc. Many current and former Microsoft executives believe Microsoft significantly overpaid for that deal. But they are also relieved that Microsoft gave up on an unsolicited $48 billion offer for Yahoo Inc. nearly three years ago. Yahoo is valued at half that sum today.

This purchase of Skype will surely help Microsoft to push its smartphone market share which is lagging because of the competition from mainly iPhone and Android. Microsoft will built-in the Skype functionality in Windows Phone 7 OS (or maybe its for Window Phone 8? ). It is worth noting that Skype is currently ranked at 24 bestselling free app.

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One Response to "Microsoft to Acquire Skype for $7-$8 Billion?"

  1. Mightee says:

    and after the acquisition skype has been down number of times
    prior to that there was no issues with the service
    what a shame!

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