FTC Approves Microsofts Takeover of Skype

June 19, 2011

Microsoft Skype deal

“The U.S. Federal Trade Commission said that it hasapproved Microsoft’s $8.5 billion cash takeover of voice and video-over-IP provider Skype.

Microsoft officially announced its intent to acquire Skype back on May 10 and since then users have been taking to Twitter to blame Microsoft for Skype’s intermittent service.

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