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2011/05/18

Skype Acquisition Might Be 'the Smartest Thing Microsoft Has Ever Done' - TMCnet's Business Video eNews

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May 12, 2011

Skype Acquisition Might Be 'the Smartest Thing Microsoft Has Ever Done'

Would you spend a buck if it meant that you could keep a nice crisp $20 bill in your pocket?

That’s essentially what Microsoft (News - Alert) did this week when it agreed to pay more than $8.5 billion to buy the Skype online communications service. But don’t try telling the technology world that just yet.

The folks in Redmond have come in for loads of criticism from industry watchers since announcing the deal, with many scratching their heads over Microsoft’s rationale for making such a huge payout. Indeed, in an online poll conducted on Mashable.com, more than 60 percent of survey participants are saying that Microsoft paid too much in the Skype (News - Alert) acquisition... Read More



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