Microsoft's Skype plan gets EU nod

The European Commission has approved Microsoft Corporation’s proposed $8.5bn (€6.4bn) acquisition of the internet voice and video communication provider Skype, saying the deal would not significantly impede competition in Europe.

Fri, 07 Oct, 2011 - 19:16

The European Commission has approved Microsoft Corporation’s proposed $8.5bn (€6.4bn) acquisition of the internet voice and video communication provider Skype, saying the deal would not significantly impede competition in Europe.

The approval, announced today, appears to be the final step in the technology giant’s effort to acquire Skype.

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