Microsoft has finalized its acquisition of Skype, five months after it was first announced.
Under the new deal, which is said to cost $8.5 billion, Skype CEO Tony
Bates will be reassigned as the president of the new Skype Division of
Microsoft and will have to report directly to Microsoft’s CEO Steve
Ballmer. Most of Skype employees, who are stationed in offices around
the world, will remain in the team. These offices include outposts in
the United States, Hong Kong, Singapore, Japan, United Kingdom,
Luxembourg, Sweden, Russia, the Czech Republic, and Estonia.
“By
bringing together the best of Microsoft and the best of Skype, we are
committed to empowering consumers and businesses around the globe to
connect in new ways,” said Bates.
Although the deal has been completed, the acquisition remains under review in several countries.
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