10 May 2011

Microsoft to Buy Skype for $8 Billion

"Skype gives Microsoft a boost in the enterprise collaboration market, thanks to Skype's voice, video and sharing capabilities, especially when competing with Cisco and Google. It gives Microsoft a working relationship with carriers, many of them looking to partner with Skype as they start to transition to LTE-based networks. It would give them a must-have application/service that can help with the adoption of the future versions of Windows Mobile operating system. However, the biggest reason for Microsoft to buy Skype is Windows Phone 7 (Mobile OS) and Nokia. The software giant needs a competitive offering to Google Voice and Apple's emerging communication platform, Facetime."

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