On Friday Microsoft acquired Skype for $8.5 billion. This decision has been in the works since May and was finalized on Friday. Microsoft has already made the decision to have Tony Bates (the CEO of Skype) report directly to Steve Ballmer the head of Microsoft's new Skype division. Skype employes will be kept at their stations throughout the world.
The question is now if Microsoft is ready to take on Google whose planned $12.5 billion dollar acquisition of Motorola Mobility will soon put them even farther in the lead in the cell phone market.
Microsoft's deal with Skype is supposed to bring an additional 145 million users under Microsoft's net of products. The deal will also provide microsoft with a better presence in the phone market and will also provide a tie in with Facebook.
The acquisition has come with praises and complaints. We will have to wait and see how Microsoft will handle it's new presence in these new areas of the digital market.
So what do you guys think of this deal?