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Microsoft to acquire Skype for $8.5 billion

May 10, 2011

Microsoft has agreed to acquire Skype for $8.5 billion. "Skype is a phenomenal service that is loved by millions of people around the world," Microsoft CEO Steve Ballmer said. "Together we will create the future of real-time communications so people can easily stay connected to family, friends, clients and colleagues anywhere in the world."

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