Wow, Microsoft buy Skype 7000 - 8000 Million Dollars. Microsoft is putting the finishing touches on an agreement to take over Skype, IP telephony company, for between 7,000 and 8,000 million dollars reported in The Wall Street Journal.
Based in Luxembourg, Skype offers a service-based communications software that allows users to make free calls over the Internet from wherever they are. Voice over Internet Protocol, or VoIP also be used to make and receive calls from traditional phone numbers using a paid service.
Interest in Internet telephony has been high since eBay, which bought Skype in 2006, sold part of its interest in the company.
Facebook Google have been mentioned as possible suitors for the company, which began in 2003 and has 124 million online per month.
In August 2010, Skype had some plans for an IPO that was expected to reach 1,000 million dollars. However, those plans were canceled after the company appointed Tony Bates, chief executive of Cisco, as its CEO in October 2010.
7,000 million dollars that could pay Microsoft for the company put this agreement as the largest acquisition of the Redmond company after paying U.S. $ 6,000 million for Internet advertising company aQuantive in 2007.
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