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Microsoft finalizes acquisition of Skype

Posted: Sat Oct 15, 2011 7:55 pm
by jdog
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http://www.engadget.com/2011/10/14/microsoft-finalizes-acquisition-of-skype-tony-bates-shares-his/
Well, it's finally happened -- Microsoft's acquisition of Skype has just been finalized, a little more than five months after it was first announced. Under the $8.5 billion deal, Skype CEO Tony Bates will be named president of the new Skype Division of Microsoft, and will have to report directly to Steve Ballmer. Many Skype employees, meanwhile, will stay onboard at offices around the globe, including at outposts in Estonia, the Czech Republic, Russia, Sweden, the UK, Luxembourg, Japan, Singapore, Hong Kong and the US. In a post on the Official Microsoft Blog today, Bates seemed unsurprisingly enthusiastic about the acquisition, describing it as a marriage of two "disruptive, innovative, software-oriented companies." The exec was less specific about the role his company would play within Redmond's new architecture, but assured that Skype would be at the forefront of future communications initiatives across a variety of platforms. "Microsoft is committed to the ubiquity of the Skype experience – communication across every device and every platform will remain a primary focus," Bates wrote. "And we've only scratched the surface."
Hopefully they bring those free games back.