So why did Microsoft buy Skype for $8.2bn?

Earlier I blogged about Microsoft buying Skype for $8.2bn, a figure that shocked analysts.

Click here to read an article in The Telegraph explaining why Microsoft payed $8.2bn.

It is a long but easy read and goes into more depth as to why and how Facebook and various other companies were interested in buying Skype, despite its losses.

Microsoft confirms aquisition of Skype for £5.2bn, despite Skype’s losses last year

This morning, all over the internet was this 'hush hush' acquisition of Skype by Microsoft. Skype and Microsoft refused to comment on the deal and so called sources wanted to remain anonymous whilst they leaked information of this deal to the press. 

I don't know about you, but all this secrecy got me excited and I was constantly checking the news on my phone whilst I was in class today to see if any more information was out about this acquisition. Especially because many analysts reactions to the £5.2bn amount was quite shocking!

Anyway, enough about me. It has been confirmed that Microsoft has bought Skype for £5.2bn.

This is Microsoft’s biggest acquisition yet the deal has shocked analysts who think it would be a substantial overpayment for the company.

 The acquisition of Skype would expand Microsoft’s presence on the Internet, which Chief Executive Steve Ballmer views as an essential field. Additionally, analysts say Microsoft wants to buy Skype to improve its video conferencing services. The service could be integrated into existing Microsoft products such as its Xbox 360 games console and Kinect gaming systems, or even into its flagship Office product to let users collaborate more effectively.