Search results
Results From The WOW.Com Content Network
Microsoft acquired the Norwegian enterprise search company Fast Search & Transfer on April 25, 2008, for $1.191 billion (~$1.66 billion in 2023) to boost its search technology. [14] On May 10, 2011, Microsoft announced its acquisition of Skype Technologies, creator of the VoIP service Skype, for $8.5 billion (~$11.4 billion in 2023). [15]
Skype disabled access to Skype by Fring users in July 2010. [117] Nimbuzz discontinued support of Skype on request in October 2010. [118] Before and during the Microsoft acquisition, Skype withdrew licensing from several third parties producing software and hardware compatible with Skype.
This constitutes Microsoft's second largest acquisition to date. [56] It was announced that Skype will become a division within Microsoft, with Skype's former CEO Tony Bates —now its president— reporting to Microsoft CEO Steve Ballmer. [57] The price Microsoft agreed to pay for the company is 32 times Skype's operating profits. [58]
In 2011, Microsoft paid $8.5 billion to eBay and private-equity and venture-capital investors to acquire Skype, an Internet-based calling and messaging service. Despite now being associated with ...
From Microsoft's acquisition of Skype in 2011, Gillett led Skype's product, engineering and operations globally and in January 2013 when the Microsoft Lync organisation was merged with Skype he also assumed responsibility for the Lync business at Microsoft. From Microsoft's re-organisation in June 2013, Gillett served as corporate vice ...
It's patently obvious why Tony Bates, the incoming CEO of Skype, was tapped for the gig: The upstart communications company needs a serious player at the helm to help it crack the corporate market ...
Acquisitions: Microsoft acquires Skype for $8.5 billion. [34] 2012: October 26: Products: Microsoft launches Microsoft Surface, a series of Windows-based personal computing devices designed and manufactured by Microsoft under its hardware division. [35] 2013: September: Acquisitions: Microsoft acquires Nokia in an attempt to expand its presence ...
GroupMe is a mobile group messaging app owned by Skype Technologies, a subsidiary of Microsoft. It was launched in May 2010 by the private company GroupMe. [1] [2] In August 2011, GroupMe delivered over 100 million messages each month [3] and by June 2012, that number jumped to 550 million. [4] In 2013, GroupMe had over 12 million registered ...