Skype Embarks on Microsoft Adventure

[ECTNews]

 As of Friday, Skype, the popular video and voice service, is a division of Microsoft. The $8.5 billion acquisition was announced in May, and the U.S. Justice Department quickly cleared the sale. Antitrust regulators in the European Union signed off earlier this month, although Microsoft acknowledged the acquisition is still under review in a few unnamed countries. Skype CEO Tony Bates will remain at the helm as president of the Skype division reporting to Microsoft CEO Steve Ballmer. The division will continue to offer Skype's current products.

e-Commerce Times