Microsoft Finalizes Skype Acquisition

suraj.sun sends word that Microsoft's acquisition of Skype for $8.5 billion has officially completed. Quoting: "Skype CEO Tony Bates will be named president of the new Skype Division of Microsoft, and will have to report directly to Steve Ballmer. In a post on the Official Microsoft Blog today, Bates seemed unsurprisingly enthusiastic about the acquisition, describing it as a marriage of two 'disruptive, innovative, software-oriented companies. Microsoft is committed to the ubiquity of the Skype experience – communication across every device and every platform will remain a primary focus,' Bates wrote. 'And we've only scratched the surface.'"