Report: Microsoft near $7 billion deal for Skype
Microsoft is putting the finishing touches on a deal to buy Internet phone company Skype for between $7 billion and $8 billion, and a deal could be announced as early as tomorrow, according to a Wall Street Journal report.
The report cited people familiar with the matter who said negotiations were ongoing and could still fall apart. Microsoft representatives did not immediately respond to a request for comment.
The Luxembourg-based company provides a software-based communications service that allows people to make free voice and video calls over the Internet to other Skype users using almost any Internet-connected device. The voice over Internet Protocol, or VoIP service also allows people to make and receive calls from regular telephone numbers using a paid service.
