Microsoft to Buy Skype

Microsoft will acquire Skype for $8.5 billion. This will help microsoft move into both consumer & enterprise video and voice communications. Both google & facebook were also in the race to acquire Skype. Skype has 170 million connected users. Skype will support Microsoft devices like Xbox and Kinect & many windows devices. This has become a top topic in the blogosphere. This will help microsoft to move into new market areas & also to fight competation against facebook, apple, google & others. This is the largest MS deal.