Microsoft has officially announced that it has completed it’s deal to acquire Skype for $8.5 billion, a deal that was announced back in May 2011.
Microsoft said that Skype will become a new business unit at Microsoft that will be headed by Tony Bates, currently the CEO of Skype. Bates will report directly to Microsoft CEO Steve Ballmer, said the company statement.
Skype will keep offering it’s complete line of products to millions of customers, however, in the long-term Microsoft is planning to integrate Skype with several other products to further penetrate the internet calling solution.
“Skype is a phenomenal product and brand that is loved by hundreds of millions of people around the world,” said Microsoft CEO Steve Ballmer.
“We look forward to working with... [ Read more...