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.
Microsoft Improves Performance Through Private Cloud Computing Microsoft is now focusing on private cloud computing mainly to improve the performance of many applications. Through private cloud computing the performance levels of the application services such as Windows Azure, Office 365, Xbox Live and Bing services can be optimized. This benefit of private cloud can be applied to every IT environment. The benefits in designing the private cloud are being discussed at Microsoft Management Summit that is going on now in Las Vegas. This sold-out IT conference is being attended by about 4,000 members. The new prototype of private cloud computing
Steve Ballmer excited about Xbox Kinect in the cloud Microsoft’s CEO Steve Ballmer admits that Kinect for Xbox 360 is the device that he is most keen on as the company looks to the future of computing in the cloud. Ballmer was speaking about the importance of cloud computing at the London School of Economics, and he explained that it was neither tablets nor smartphones that most energised him. “The device that I’m most keen on…is the next generation of the Xbox 360,” Ballmer said, before a video showing off the forthcoming motion sensor technology. Processing me “It is a