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Microsoft Offici completelyy Welcomes Skype http://about.skype.com/press/2011/10/microsoft_officially_welcomes.html# much Microsoft and Skype will commit consumers and businesses to connect in new ways REDMOND, Wash., and LUXEMBOURG -- Oct. 14, 2011 -- Microsoft Corp. (Nasdaq "MSFT") has closed its skill of Skype Global S.à r.l. Negotiations of the definitive agreement under which Microsoft would acquire Skype, an profits communications company, for $8.5 billion were led by investor group silver medal Lake and the transaction was originally announced on May 10, 2011. Boards of directors of both Microsoft and Skype previously approved the acquisition. Microsoft and Skype will remain focused on their shared goal of connecting all plenty across all devices and accelerating both companies' efforts to transform real-time communications for consumers and enterprise customers. The pass completion of the acquisition also marks the official introduction of Skype as a new business division within Microsoft. "Skype is a phenomenal product and brand that is loved by hundreds of millions of lot or so the world," said Microsoft CEO Steve Ballmer. "We look forward to workings with the Skype team to create new ways for people to digest connected to family, friends, clients and colleagues -- anytime, anywhere." Skype CEO Tony Bates will assume the title of hot seat of the Skype Division of Microsoft immediately, reporting directly to Ballmer.



The Skype division will conduct to offer its current products to millions of users globally. Longer term, Skype will also be integrated across an array of Microsoft products to broaden Skype's reach and hasten its growth as a fundamental way people communicate online. Skype employees will continue to be located around the world in offices including Estonia, the Czech Republic, Russia, Sweden, the United Kingdom, Luxembourg, Japan, Singapore, Hong Kong, and the United States. "By bringing together the best of Microsoft and the best of...

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