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Next time you use Skype on your Android phone remember is now Microsoft’s own. Microsoft yesterday acquires Skype for $8.9 billion in cash. Yes, you read it right…. cash.
This will be Microsoft’s most expensive acquisition in years. The deal is quite interesting, though, given that Skype operations was almost $7 million negative last year and the company also carries a $686 million debt.
Microsoft, however, will be relying on 663 million users, 8.8 million of which are paying.
It is important to note that Skype was purchased from eBay in 2009 for $2.75 billion. Is Skype growth in less than 2 years worth $6 billion or Microsoft decided to make a bold purchase given that most of the latest Skype acquisition talks was speculating Facebook or Google?
Next time you use Skype on your Android phone remember is now Microsoft’s own. Microsoft yesterday acquires Skype for $8.9 billion in cash. Yes, you read it right…. cash.
This will be Microsoft’s most expensive acquisition in years. The deal is quite interesting, though, given that Skype operations was almost $7 million negative last year and the company also carries a $686 million debt.
Microsoft, however, will be relying on 663 million users, 8.8 million of which are paying.
It is important to note that Skype was purchased from eBay in 2009 for $2.75 billion. Is Skype growth in less than 2 years worth $6 billion or Microsoft decided to make a bold purchase given that most of the latest Skype acquisition talks was speculating Facebook or Google?
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