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Tuesday, May 10, 2011

Microsoft Close To Buying Skype For $8 Billion

Last week both Google and Facebook were in discussions with Skpye, but now it looks like Microsoft is attempting to purchase Skype, and the deal is reported to be worth around $7 to $8 billion.

According to the WSJ, the deal could be announced as early as this week, although things are not finalized yet, it is expected to go through shortly, the Skype deal would the biggest purchase for Mircosoft to date.
Micsoft has been stuggling to incrase its online presence, as the majority of its revenue still comes from software sales, the acquistion of skype could be just what the company needs.

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