Microsoft To Buy eBay’s Communication Provider – Skype

Microsoft announced plans this week to buy Skype from an investor group for $8.5 billion in cash—nearly three times what eBay paid for the company in 2005. eBay, which owns 30 percent of Skype, will make about $2.3 billion on the deal, according to news reports.

Skype will be a new division within Microsoft. The acquisition will allow it to provide more benefits to customers and add new “business and revenue opportunities,” Microsoft notes, adding that Skype will support devices like Xbox, Kinect, its Windows Phone and other Windows devices.

Microsoft is looking to the future of real-time communications so people can easily stay connected to family, friends, clients and colleagues anywhere in the world. It will be interesting to see exactly what kind of features Microsoft will add to make Skype even better than it is today.

Keep an eye on this one!

Til next time, have a great eBay week.

Matt & Amanda Clarkson

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