Microsoft has bought Skype for $8.5 billion nearly triple the amount eBay paid six years ago for the money-losing Internet phone company. Skype will be renamed Microsoft Skype.
Steve Ballmer CEO Micosoft said:
Skype is a phenomenal service that is loved by millions of people around the world. Together we will create the future of real-time communications so people can easily stay connected to family, friends, clients and colleagues anywhere in the world.