It’s confirmed. Microsoft announces acquisition of Skype for $8.5 billion
Microsoft’s acquisition of Skypeis official, the two have confirmed that the Redmond giant has bought the voice-over-Internet company for $8.5 billion in cash from the investor group led by Silver Lake and will include the assumption of debt. The agreement, approved by the boards of directors of both Microsoft and Skype will see the telephony company become a new business unit within Microsoft and will continue to be run by the current Skype CEO Tony Bates, who will report directly to Microsoft boss Steve Ballmer....