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Microsoft

Submission + - Microsoft allowed to continue $8.5 Billion Skype (foxbusiness.com)

the simurgh writes: microsft has won U.S. antitrust approval to buy the Internet phone service Skype, the Federal Trade Commission said in a website posting Friday.

Microsoft announced in May it was buying Skype for $8.5 billion, its biggest-ever acquisition, placing a rich bet on mobile and the Internet to try and best rivals such as Google Inc.

The approval was announced in a listing of deal approvals that comes out several times a week.
Microsoft's interest in the money-losing, but popular service highlights a need to gain new customers for its Windows and Office software.

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Microsoft allowed to continue $8.5 Billion Skype

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