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Thread: [REPORT] Bill Gates Encouraged Skype Takeover Deal

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    Default [REPORT] Bill Gates Encouraged Skype Takeover Deal



    Bill Gates pushed the other board members into purchasing Skype for $8.5 billion.

    ZoomMicrosoft founder and chairman Bill Gates told BBC's Hardball that he had a hand in the company's crazy $8.5 billion acquisition of VoIP service Skype by urging other board members to support the move. His revelation was made during an interview with Hardball's Stephen Sackur that's scheduled to air on BBC on May 18 (Wednesday).

    The announcement of the Skype acquisition arrived last week after speculation that Facebook and Google was mulling over a Skype purchase. But Microsoft revealed itself as the mystery pursuer, and announced plans to integrate Skype into Xbox Live and Windows Phone while still supporting other platforms -- even Mac. The deal apparently had Bill Gates' personal seal of approval from conception to completion.

    "I was a strong proponent at the board level for the deal being done," Gates said during the interview. "I think it's a great, great deal for Skype. I think it's a great deal for Microsoft."

    He added that the move was purely strategic. It wasn't about Skype's current profit (or lack of one), but how the service would benefit Microsoft's other products and services. Although he didn't specify, the acquisition is also a move to better position the company in competing with Apple's iPhone and its FaceTime service.

    "The idea of video conferencing is going to get so much better than it is today," Gates said. "Skype actually does get a fair bit of revenue. It'll be fascinating to see how the brilliant ideas out of Microsoft research, coming together with Skype, what they can make of that."

    Last week Microsoft CEO Steve Ballmer assured skeptics that things wouldn't necessarily change for Skype after the acquisition-- at least, not on non-Microsoft platforms.

    "We will continue to support other platforms," he said. "We are one of the few companies that has the track record of doing this beforehand. We have done a lot of work bringing Office to the Mac and we’ve done a lot of great work with other Apple devices. Fundamental to the value proposition of communications is to reach people whether they’re on your device or not."

    According to the company's official statement, Microsoft will connect Skype users "with Lync, Outlook, Xbox Live and other communities. Microsoft will continue to invest in and support Skype clients on non-Microsoft platforms."


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  2. #2
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    The first time the creator Niklas Zennström sold skype, to Ebay I believe it was, he cashed in a sweet 2.5 Billion £. The smart fucker also made sure to have a clause inbedded in the contract that stipulated that the buyer could not sell skype on to another buyer, but had to sell it back to him. I know he bought it back at one point for less what he sold it for, but have not followed the twists and turns after that. This time it was sold to Microsoft for the hefty sum of 5 Billion £, from which I heard he cashed in another 500 Million £...

    Some guys are born with the nack to make a heck of a lot of money...

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