Microsoft Buys Skype

Microsoft Corporation bought Skype, it’s Web-based chat system, it’s employees, and its 660 million users for $8.5 billion. The purchase seems to have been an impulse buy, as Microsoft has not yet announced how they plan to screw the company up and ruin its user experience by integrating it into products like Internet Explorer and Messenger.

Microsoft's Steve Ballmer welcomes Skype CEO Tony Bates to his new position.