The tech world is familiar with many gambles based on mergers and acquisitions. One such possible gamble is the acquisition of Skype by Microsoft. The leader of Skype foresees a world in which video communication becomes a part of everyday life. Microsoft CEO Steve Ballmer believes Skype's well known brand is a valuable asset and will be a jumping off point to improve the way people around the world connect. Microsoft's acquisition of Skype officially closed today.
The business world was buzzing this week over the acquisition of EBay-owned Skype by Microsoft Corp. The acquisition was official as of Tuesday. In the deal, Skype was purchased from investors for $8.5 billion.