You are using an older browser version. Please use a supported version for the best MSN experience.

Microsoft in Talks to Acquire Skype for $8.5 Billion

6/12/2014

By New York Times
TheWrap

Microsoft is in advanced talks to acquire Skype, which revolutionized telephone calls over the Internet, for $8.5 billion, including the assumption of debt, according to people involved in the negotiations.

A deal is expected to be announced Tuesday morning, these people said, although they cautioned that the talks could still fall apart. A spokesman for Skype declined to comment, and calls to Microsoft were not returned.

The acquisition would be Microsoft’s largest ever and it is the software giant’s effort to gain a foothold in the world of voice and video communications.

Read more at The New York Times.

AdChoices
AdChoices
AdChoices
image beaconimage beaconimage beacon