
Microsoft Acquire Skype for $8.5 Billion:
Microsoft has bought Skype for $8.5 billion, in an all-cash deal. The deal is Microsoft's largest cash purchase in its 36-year long history. Steve Ballmer, CEO of Microsoft, is said to be a big champion of the deal, the largest in the history of the company. Microsoft Corporation agreed to acquire Skype Communications, US $8.5 billion. The company is to be incorporated as...