Wednesday, 11 May 2011

Microsoft wants the money!

After weeks of speculation, Microsoft announced this morning that it bought Skype for a staggering $8.5 billion. While Skype lost $6.9 million last year and is in $686 million of debt according to their SEC filings, Microsoft was reportedly attracted to the company's loyal 663 million user base, $8.8 million of who pay for the service. Skype will be thrown into the Microsoft systems mix which includes Xbox, Kinect, and Outlook. Microsoft CEO Steve Ballmer headed up the deal, which closed on Monday night.
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8 comments:

  1. Nom de Plume11 May 2011 at 01:58

    I just hope it remains free.

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  2. Dav0h11 May 2011 at 02:52

    I'm waiting for Microsoft to own the world.

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  3. Anonymous11 May 2011 at 03:47

    Skype is great. Microsoft, not so much.

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  4. Bob Ross Afro Blog11 May 2011 at 07:21

    DAMNIT!

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  5. AllenTesch11 May 2011 at 10:34

    Microsoft offered to buy my site for 8.5 dollars. I'm still mulling it.

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  6. Dave Benzene11 May 2011 at 11:42

    Might be good for skype users and might be bad

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  7. BluRayBoy11 May 2011 at 13:19

    Great business move on Microsoft's part. Someone would scoop up Skype eventually.

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  8. Jetah14 May 2011 at 10:54

    Hopefully this doesn't negatively affect Skype in any way.

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