Monday, October 10, 2011

Microsoft gets green light for Skype acquisition

Microsoft gets green light for Skype acquisition

Microsoft clinched a huge win towards finalizing its Skype acquisition having now approvals from both the European Union and the United States to proceed.  In an $8.5 billion deal, Microsoft has secured perhaps its largest investment since its 2007 $6 billion purchase of aQuantive to expand further into online advertising. "We're pleased that the European Commission has approved Microsoft's acquisition of Skype. This is an important milestone, as we've now received clearance from both the United States and the European Union.

2DayBlog.com, Microsoft gets green light for Skype acquisition

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