5 Low-Cost Cloud Phone Service Providers Here is a small list of 5 low cost cloud based phone services. Some new and some more established. 8×8 8×8 Inc. is a communications technology company and one of the largest Cloud based VoIP service providers in the US. Ringcentral RingCentral provides cloud computing based business phone systems designed for the mobile and distributed business world. Skype Skype has been a pioneer in creating rich, meaningful connections among friends, families and business colleagues globally. With 170 million connected users and over 207 billion minutes of voice and video conversations in 2010. (Source: Wikipedia)
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.