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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] With a value 32 times larger than Skype's operating profits, the deal was Microsoft's largest acquisition at the time.
Skype disabled access to Skype by Fring users in July 2010. [116] Nimbuzz discontinued support of Skype on request in October 2010. [117] 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 ...
Microsoft is buying Yammer -- the self-described "Enterprise Social Network" -- and jumping into a space that's pretty robust. Recent IPO Jive Software has pulled back really strongly since April ...
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Skype (1 C, 17 P) Z. ... 19 P) Pages in category "Microsoft acquisitions" The following 68 pages are in this category, out of 68 total. ... Acquisition of Activision ...
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 ...