Well in recent past days technology merges are being in storm and they are happening. If you think of wide there must surely be a hidden agenda for those companies who want to kill the market share. The same is happening the best solutions are always gone to the bad shelves. Which ever solution Microsoft bought has gone to the drains without the second taught.
Let it be the CRM, let it be the dynamics let it be NAVISON or what so ever you might think of , Microsoft is surely not a technological company to my knowledge. Its mostly a market which has been captured by good marketing executives and so on.
Microsoft announced today that it will acquire Skype for $8.5 billion – marking the largest acquisition in the company’s history.
Skype runs the giant global videoconferencing and voice communication network that has 170 million subscribers and logged 207 billion minutes of conversations last year, according to the company.
The service is free, though the company has a paid offering for premium services such as establishing multipoint conferences and communications with non-Skype users.
Microsoft’s decision to buy Skype was unexpected, through rumors started swirling yesterday of a possible deal. Although Skype, through its investor group Silver Lake, had been considering an initial public offering, there were also rumors in recent days that Facebook and Google were interested in acquiring the company.
Also, Microsoft has its own communications technologies including Lync for enterprise customers and Windows Live Messenger, but the acquisition of Skype promises to extend that footprint, Microsoft CEO Steve Ballmer said in a prepared statement.
“Skype is a phenomenal service that is loved by millions of people around the world,” Ballmer said. “Together we will create the future of real-time communications so people can easily stay connected to family, friends, clients and colleagues anywhere in the world.” .
Microsoft intends to run Skype as a separate division, to be headed by its CEO Tony Bates, who will become president of that business. The deal is subject to regulatory approval.
Skype, based in Luxembourg, was founded in 2003 and acquired by eBay in 2005 for $2.6 billion. The eBay acquisition turned out to be a drag on the company, which last year spun it off.