Sunday, 9 October 2011

EU gives Microsoft a ‘go ahead’ on Skype acquisition

Over the past few months, news about the technology giant, Microsoft’s plans of buying out the widely used internet calling service, Skype has gained a lot of prominence, and this can be attributed to several factors. Firstly, Microsoft had announced that it was willing to buy Skype for a whopping $8.5 billion; thereby giving Skype’s shining reputation a major facelift. Secondly, with the popularity of Skype coming under the wings of a giant like Microsoft, industry analysts, tech enthusiasts, alike were quite sure that great things were on their way. However, all this while EU had not given its approval to the entire deal, despite the U.S. Federal Trade Commission agreeing to its terms.
It's a go!
It's a go!

However, now, a report in the Times of India confirms that the EU has finally given its approval to the deal, signaling that the deal can now go through. Microsoft wished to get in a new breed of users for its popular Office and Windows software, and believes that with Skype on their side, they could look towards achieving that. It was also confirmed that the deal would not cause any rifts in the market in which Microsoft exists, along with several other technological biggies. Those who’ve been reading through our regular reports in this respect would know that Facebook and Google too were rumored to have been in the race for acquiring Skype.

A few months ago, it was also revealed that Microsoft’s Windows Phone would come equipped withSkype video calling, which is definitely a huge plus, considering the popularity of the service.


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About Shubham..

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Jamshedpur, Jharkhand, India
A cant-live-without-technology type of teen...Blogger by hobby...