Microsoft Completes Skype Acquisition

Friday Oct 14th 2011 by Staff

Former Skype CEO Tony Bates now reports directly to Steve Ballmer.

eWeek: Microsoft announced today that it has completed its purchase of Skype for $8.5 billion. “This represents a huge leap forward in Skype’s mission to be the communication choice for a billion people every day,” said former Skype CEO Tony Bates, who now reports directly to Steve Ballmer. “Joining forces with Microsoft is the best way to accelerate this mission and capitalize on our position at the intersection of social, mobile and video communications.”

Microsoft plans to integrate Skype with a number of its other products, including including its Lync unified communications (UC) platform, Outlook and Xbox Live.

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