Tuesday, May 10, 2011

Microsoft deals to buy Skype for $8 Billion..

Microsoft is finalized to acquire Skype(Video Conferencing)  for as much as $8 billion, according to a Journal report. Meanwhile, a new version of Skype for Mac has been released, and thereby fixing a critical vulnerability.

The Wall Street Journal reports that a deal between Microsoft and Skype could be announced as early as Tuesday, according to people familiar with the matter. The deal is expected to cost Microsoft between $7 billion and $8 billion, with the total value reaching about $8.5 billion once Skype's long-term debt is taken into account.

Origin of Skype:
Skype was founded in 2003 and has since grown to 663 million registered users. In 2005, eBay purchased Skype for $2.6 billion, but sold 70 percent of the company to private investors in 2009.
Goldman Sachs Group Inc. and JP Morgan Chase & Co. advised Skype on the deal, according to the Journal's sources. Google and Facebook had also been rumored to be interested in acquiring the company.

Skype for Mac
 Skype released version of its Skype for Mac software on Monday, resolving a security issue that could allow hackers to gain control of a Mac via a maliciously crafted Skype message. The vulnerability made headlines last week when a security researcher publicized the issue. In response, Skype promised that an update would come early this week.

Click here to download Skype 5.1 for Mac using link mentioned below: