Microsoft Buys Skype for $8.5 Billion Why?

Microsoft Buys Skype for $8.5 Billion. Why, Exactly?

Quick Summary:

As Google and Facebook were interested in partnering a joint venture with each other for buying a VoIP Company Skype, Microsoft announced that it was buying the company for $8.56 billion US Dollars in cash.

What Is Skype?

Skype is a text, voice and video conference call online based company for every user on internet.

Skype Background:

Last year, Skype had revenue of $860 million and revealed an operating profit of $264 million. However, overall it made a small loss of $7 million, and had long-term debt of $686 million. This is the second time Skype has been bought out; after being started in 2003, it was purchased by eBay in 2005 for $3.1 billion. EBay then sold the majority of its stake in 2009 to a private investment group for $1.2 billion less than it paid.

Acer Iconia W500 Windows tablet First Look

Acer's Microsoft Windows Operated Iconia W500 Tablet consists of a touch-screen slate and a separate keyboard dock that combine to form something close to a traditional laptop.

Acer's Windows Operated Iconia W500 Tablet

Crack laptop in half, get tablet

Windows Acer Iconia W500 Tablet First Look, the 10.1-inch W500 consists of a touch-screen slate and a separate keyboard dock. When combined, the two halves form something close to a traditional laptop. The W500 is $549 with Windows 7 Home Premium, or $619 with Windows 7 Professional. Both versions have 2GB of RAM and a 32GB SSD. Acer also has a dock less Android version, called the A500.