Microsoft to Acquire Skype For $8.5 Billion REDMOND, Wash., and LUXEMBOURG – May 10, 2011 – Microsoft Corp. and Skype Global S.à r.l today announced that they have entered into a definitive agreement under which Microsoft will acquire Skype, the leading Internet communications company, for $8.5 billion in cash from the investor group led by Silver Lake. The agreement has been approved by the boards of directors of both Microsoft and Skype. The acquisition will increase the accessibility of real-time video and voice communications, bringing benefits to both consumers and enterprise users and generating significant new business and revenue opportunities.
M&A
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Cloud Computing Sector to Witness More M&A in 2011, PwC Report The rush for cloud-based technology solutions and development of virtualization and security technologies will fuel growing interest in cloud computing during 2011 and a new wave of mergers and acquisitions (M&A) is expected, a recent report by PwC revealed. Cost savings opportunities and growing confidence in cloud computing are the driving force behind a new technology trend; namely, switching to cloud-based solutions by large and small and medium enterprises alike. Companies now have more confidence in security provided by the cloud and a growing number of businesses are migrating
