Friday, June 17, 2011

Microsoft gets antitrust approval to buy Skype | Reuters

Microsoft gets antitrust approval to buy Skype | Reuters

Microsoft announced in May it was buying Skype for $8.5 billion, its biggest-ever acquisition, placing a rich bet on mobile and the Internet to try and best rivals such as Google Inc.

Microsoft's interest in the money-losing, but popular service highlights a need to gain new customers for its Windows and Office software. Skype has 145 million users on average each month and has gained favor among small businesses.

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