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Microsoft near deal to buy Skype

Microsoft near deal to buy Skype

Microsoft Corp. is nearing a deal to buy the popular Internet telephone service Skype in what could be the biggest deal in the software maker’s 36-year history, according to a published report.

If Microsoft does buy Skype, The Wall Street Journal reported that the deal could be valued at $8.5 billion, including assumed debt. At that price, a Skype takeover would top Microsoft’s biggest previous acquisition — a $6 billion purchase of the online ad service aQuantive in 2007.

Dissertation Bac Francais 2004 Citing unnamed people familiar with the matter, the Journal said Microsoft could announce an agreement with Skype as early as Tuesday. The newspaper reported the same people also cautioned the talks could fall apart.

Spokesmen for Microsoft and Skype declined comment on the report late Monday

Dissertation Page Numbering Ms Word Buying Skype would give Microsoft a potentially valuable communications tool as it tries to make a bigger splash on the Internet and become a bigger force in the increasingly important smartphone market.

Professional Writing Network Skype boasts about 663 million users worldwide who make voice and video calls over the Internet. The amount of calling on Skype’s network totaled 207 billion minutes last year, according to regulatory documents.

Most people use Skype’s free calling services, a penchant that has made it difficult for the service to make money since entrepreneurs Niklas Zennstrom and Janus Friis started the Luxembourg company in 2003.

Read More/Source: Yahoo

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