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agreed to acquire Luxembourg-based Skype Technologies SA for approximately USD2.5 billion in up-front cash and e Bay stock, plus potential performance-based consideration.Shortly after its acquisition, Microsoft began integrating the Skype service with its own products.Furthermore, Microsoft discontinued two of its own products in favor of Skype: In a month-long transition period from 8 to 30 April 2013, Microsoft phased out its long-standing Windows Live Messenger instant messaging service in favor of Skype, although Messenger continued in mainland China.

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In September 2005, e Bay acquired Skype for $2.6 billion.

Silver Lake, Andreessen Horowitz, and the Canada Pension Plan Investment Board announced the acquisition of 65% of Skype for $1.9 billion from e Bay, which attributed to the enterprise a market value of $2.92 billion.

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) is a telecommunications application software product that specializes in providing video chat and voice calls between computers, tablets, mobile devices, the Xbox One console, and smartwatches via the Internet and to regular telephones. Much of the service is free, but Skype Credit or a subscription is required to call a landline or a mobile phone number.

Skype additionally provides instant messaging services. Users may transmit both text and video messages, and may exchange digital documents such as images, text, and video. At the end of 2010, there were over 660 million worldwide users, with over 300 million estimated active each month as of August 2015.

First released in August 2003, Skype was created by the Swede Niklas Zennström and the Dane Janus Friis, in cooperation with Ahti Heinla, Priit Kasesalu, and Jaan Tallinn, Estonians who developed the backend that was also used in the music-sharing application Kazaa.

On May 25, 2018 the General Data Protection Regulation (GDPR) goes into effect in the EU.

This legislation sounds super boring, but it’s actually really important to protect your privacy and information.

Skype allows these registered users to communicate through both instant messaging and voice chat.

Voice chat allows telephone calls between pairs of users and conference calling and uses a proprietary audio codec.

Microsoft bought Skype in May 2011 for .5 billion.

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