Microsoft News

Microsoft Came to an Agreement to Buy Skype for $8.5 Billion

May 10, 2011
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Microsoft Corp. announced Tuesday that it came to agreement to buy the popular Internet phone service Skype for $8.5 Billion, the largest transaction in the 36 year history of the software maker. The acquisition of Skype would give Microsoft a valuable communication tool in its bid to become a contender of greater weight in the internet and the growing market for multipurpose cell phones. Microsoft said it will join the Skype features to its Xbox game console, Outlook email and [...]