Printed from http://www.electronista.com

EU approves Microsoft's buyout of Skype

updated 12:45 pm EDT, Fri October 7, 2011

Skype buyout by Microsoft approved by EU

Microsoft's $8.5 billion purchase of Skype has been approved on Friday by the European Commission. The software giant's largest-ever buy was announced in May and received the blessing of the US Federal Trade Commission back in June. The European Commission found that the two companies overlap in video communications and there are no competition concerns regarding the acquisition.

Microsoft offers communications using Windows Live Messenger, and the deal should bring new customers to Microsoft's Windows and Office software along with Windows Phone hardware. Skype lets users hold text, video and voice chats, with free chats of any kind between two Skype users.

Concerns arose that through the deal, Microsoft would cut off Skype support from Android and iPhone platforms. Google was also bidding for Skype, though it stopped at $4 billion.



By Electronista Staff
toggle

Comments

Login Here

Not a member of the MacNN forums? Register now for free.

toggle

Network Headlines

toggle

Most Popular

Sponsor

Recent Reviews

D-Link Wi-Fi Smart Plug

Home automation fans have been getting their fair share of gadgets and accessories in the last few years. Starting with light bulbs, a ...

Razer Kraken Pro headset

Gaming headphones are a challenge to get right, for a long list of reasons that are unique to the consumer buying them. Some shoppers ...

Patriot Aero Wireless Mobile Drive

Regardless of how large a tablet you buy, you always want more space. There's always one more movie or another album you'd cram on, if ...

Sponsor

toggle

Most Commented

 
toggle

Popular News