Skype is currently owned by Microsoft Corporation.
Microsoft completed its acquisition of Skype, integrating the popular communication platform as a division within its vast portfolio. This significant transaction cemented Microsoft's position in the voice and video communication market.
The Acquisition of Skype
The process of Microsoft acquiring Skype involved a substantial investment and strategic integration, bringing the communication service under the umbrella of a global technology giant.
Key details of the acquisition include:
- Agreement Date: Microsoft reached an agreement to acquire Skype on May 10, 2011.
- Acquisition Cost: The deal was valued at US$8.5 billion.
- Completion Date: The acquisition was officially completed on October 13, 2011.
- Integration: Upon completion, Skype Communications, S. à r.l, along with all its underlying technologies, was fully incorporated as a division of Microsoft. This move ensured that Microsoft gained full control over Skype's future development, operations, and strategic direction within its ecosystem.
This acquisition was a pivotal moment for both companies, allowing Microsoft to enhance its communication offerings and further expand its services globally.
