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Microsoft Is Close To A Deal To Buy Skype For $7 Billion

  • Thomas Oppong
  • May 10, 2011
  • 1 minute read


Microsoft Corp. is close to a deal to buy Internet phone company Skype Technologies SA for between $7 billion and $8 billion. According to the WSJ report, the final price might go closer to $8 billion.

Google and Facebook were also interested in the acquisition of Skype, which put off its IPO earlier this year to buy more negotiating time. A deal could be announced as early as Tuesday, people familiar with the matter said, though they cautioned that negotiations aren’t yet final and a deal could still fall apart. Including Skype’s long-term debt, the total value of the deal is about $8.5 billion.

At a value close to $8 billion, the Skype deal would rank as the biggest acquisition in the 36-year history of Microsoft.

Skype uses a technology called voice over Internet protocol, which treats calls as data like email messages and routes them over the Internet, rather than a traditional phone network.

Skype could play a role in Microsoft’s effort to turn around its fortunes in the mobile-phone market, an area where it has lagged badly behind rivals Apple and Google.

Thomas Oppong

Founder at Alltopstartups and author of Working in The Gig Economy. His work has been featured at Forbes, Business Insider, Entrepreneur, and Inc. Magazine.

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