Microsoft to Buy Skype for $8.5bn

Skype Logo

In a massive move in video chat software, Microsoft is expected to release details 5AM tomorrow about the $8.5 billion dollars acquisition of Skype according to the Wall Street Journal sources.

The acquisition of Skype comes after a long list of rumors from partnerships of Skype with other technology companies including Google and Facebook. The deal will be the largest acquisition for Microsoft.

Skype was started in 2003 and eBay bought the software two years later for $2.6 billion but was later acquired by Silver Lake Partners who own 65% of the company, Skype Limited.

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