Not that long ago, Microsoft announced a definitive agreement to acquire Skype for $8.5 billion. Interestingly enough, just three years ago, Skype was valued at about a third less than Microsoft paid for it. Lets look at an infographic that showcases how Skype evolved over the years.
Microsoft’s acquisition of Skype is a very strategic investment. Despite reporting a loss last year, Skype is still one of the the most popular platforms for real-time video chat communication and is used across a variety of platforms. Microsoft is now able to gain a strong foothold in the market and integration across Microsoft’s wide array of products should only spearhead continued growth for Skype.
Infographic courtesy of OnlineMBAFurther reading: Microsoft, Skype