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Tuesday, May 10, 2011

Microsoft Bought Skype for $8.5 B

Microsoft wants to be back in the game. It wants to be relevant in the era of Apple's iPad, iPhone, iPod or IOS and Google's Android platform. It goes out a huge way by acquiring Skype, the online communication platform Microsoft wants to make available to its gamers.

Many industry insiders are saying that this is one of the greatest buys by Microsoft in the recent memories. It is on a levl-playing field with the likes of Google, Apple, and others as the competition for eyeballs increases.

Microsoft is now a major player in the smartphone business. It wants to integrate Skype with its outlook, office and online games.

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