Wednesday, May 11, 2011

Microsoft agrees to buy Skype for a staggering $8.5 billion

One person questioning the deal is Harry Wang, director of mobile research at Parks Associates.

According to the Huffington Post, Wang commented: "When I look at the price tag, I go 'What?' $8.5 billion for revenue less than $1 billion a year? The long term, incremental value makes sense but it's not exactly a match with the price tag."

From the article, “Microsoft agrees to buy Skype for a staggering $8.5 billion” by Tracey Parece
 

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