Skip Navigation

Close and don't show again.

Your browser is out of date.

You may not get the full experience here on National Journal.

Please upgrade your browser to any of the following supported browsers:

Microsoft to Purchase Skype for $8.5 Billion Microsoft to Purchase Skype for $8.5 Billion

This ad will end in seconds
Close X

Want access to this content? Learn More »

Forget Your Password?

Don't have an account? Register »

Reveal Navigation



Microsoft to Purchase Skype for $8.5 Billion

Microsoft Corp. announced Tuesday morning that it plans to purchase Internet phone company Skype for $8.5 billion. The deal would be the biggest acquisition in Microsoft’s 36-year history.

Microsoft hopes that purchasing Skype—a company that allows free video-chatting over the Internet, and calls from a computer to a phone for a fee—would help the company, which makes most of its money on software, more of a player on the Internet.


The purchase will benefit consumer and enterprise users, Microsoft said in a statement.

"Skype will support Microsoft devices like Xbox and Kinect, Windows Phone and a wide array of Windows devices, and Microsoft will connect Skype users with Lync, Outlook, Xbox Live and other communities," the software giant said. Skype has 170 million "connected users," Microsoft said.

Both companies hope to clear regulatory hurdles and finish the deal by the end of the year.


Want the news first every morning? Sign up for National Journal’s Need-to-Know MemoShort items to prepare you for the day.

comments powered by Disqus