For Microsoft, Skype Opens Vast New Market in Telecom

The New York Times (May 10 2011)

1. Microsoft has peered into the future, and placed a bet that people the world over want to stay in touch with someone anytime and anywhere — preferably at no cost. By buying Skype, Microsoft would immediately become a leader in online voice and video calls. In agreeing Tuesday to pay $8.5 billion to buy Skype, the pioneer in Internet phone calls, Microsoft is embracing a technology that is transforming the way people communicate at home and at work. And by stitching Skype technology into Microsoft products, used by hundreds of millions of people, the software giant could hasten the mainstream adoption of video communications, especially in businesses. (Read Full Article)

   Bookmark or Share this article

Login to comment.