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Thread: Microsoft Set to Acquire Skype: Report

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    Default Microsoft Set to Acquire Skype: Report

    Microsoft is close to finalizing a deal to buy Internet phone company Skype Technologies for over US$7 billion, and a deal could be announced by Tuesday, according to a news report.


    Buying Skype would give Microsoft a recognized brand name on the Internet at a time when it is struggling to get more traction in the consumer market, The Wall Street Journal said in a report late Monday.

    Microsoft and Skype could not be immediately reached for comment. Both companies declined to comment to the WSJ.

    Facebook, Cisco, and Google were also considering partnering or acquiring Skype, according to earlier news reports.

    Despite being a well-recognized Internet brand among online users, Skype ran a loss last year. The company, which was founded in 2003, posted last year revenue of US$860 million and $264 million in operating profits, but still lost $7 million, according to WSJ. The company had $686 million in long-term debt as of Dec. 31.

    Skype announced in August that it had filed with the Securities and Exchange Commission for a proposed initial public offering (IPO) of its ordinary shares. It put its IPO plans on hold after appointing in October a new chief executive, Tony Bates, who was earlier a senior vice president at Cisco.

    The company is currently owned by an investor group led by Silver Lake, and which includes among others eBay Inc, and Skype founders Niklas Zennstrom and Janus Friis, it said on its web site.

    Source:http://www.pcworld.com/businesscente...pe_report.html

  2. #2

    Default Re: Microsoft Set to Acquire Skype: Report

    Let's hope not. MS usually makes a mess of things.

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    Default Re: Microsoft Set to Acquire Skype: Report

    Nooooooooo...Stop trying to buy everything MS.
    No 7. No discussion, sharing or referencing game hacks.
    BG Rule Book

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    Default Re: Microsoft Set to Acquire Skype: Report

    Skype integration into windows will be an welcome addition, provided they don't ¤¤¤¤ it up.

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    Default Re: Microsoft Set to Acquire Skype: Report

    baaje. Google and Facebook was also making offers. Ora kinle aro better hoito.

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    Default Re: Microsoft Set to Acquire Skype: Report

    aaah..bye bye skype if the news is true have to find another messenger..

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    Default Re: Microsoft Set to Acquire Skype: Report

    MS just bought Skype for a whooping $8.5 Billion leaving Google and Facebook staring at each others' face
    The abuse of greatness is when it disjoins remorse from power.
    Please do not PM me for support. You will NOT get a reply. Post in the relevant forum section.

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    Default Re: Microsoft Set to Acquire Skype: Report

    As long as it isn't Facebook

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    Default Re: Microsoft Set to Acquire Skype: Report

    yes!!!!!!!!!!!! just what i wanted

  10. #10

    Default Re: Microsoft Set to Acquire Skype: Report

    good news

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    Default Re: Microsoft Set to Acquire Skype: Report

    Its only gud if MS doesnt mess it up. Dekhi ki kore.

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