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Submitted: June 19, 2011 - 1:20pm
Originally published: June 19, 2011
Last updated: June 19, 2011 - 1:30pm
Originally published: June 19, 2011
Last updated: June 19, 2011 - 1:30pm
Source:
paidContent.org
Author:
Ingrid Lunden
Location:
Skype, 22/24 Boulevard Royal, Luxembourg, L-2449, Luxembourg
Microsoft has received approval from the Federal Trade Commission for its $8.5 billion purchase of Skype. The FTC clearance is the latest, and a significant, bit of approval that Microsoft needs to complete the purchase. Although Microsoft has in the past faced regulatory problems for some acquisitions -- a $1.5 billion purchase of Intuit was blocked in 1994 -- this deal has so far gone relatively smoothly.
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