Saturday, June 18, 2011
U.S. Trade Commission Gives The Green Light To Microsoft?s $8.5 Billion Cash Takeover Of Skype
The U.S. Federal Trade Commission said today that it has approved Microsoft's $8.5 billion cash takeover of voice and video-over-IP provider Skype. Microsoft officially announced its intent to acquire Skype back on May 10 and, since then, users have been taking to Twitter to blame Microsoft for Skype's intermittent service. The criticism, at least in that sense, has been a bit preemptive. At least, it seems, until today. Now, with Reuters report that there has been antitrust approval of the deal, users shall soon be able to turn to Microsoft when asking questions of Skype's sometimes-spotty service.