Microsoft's Skype buy to close by October: CEO

Advertisement
By Agence France Presse | Updated: 10 June 2012 02:06 IST
Highlights
  • Skype chief executive expects Microsoft's purchase of the Internet voice and video leader to close by October, once it gets the green light from European regulators.
Skype chief executive Tony Bates said Thursday he expects Microsoft's purchase of the Internet voice and video leader to close by October, once it gets the green light from European regulators.

"We already got through the US side of it," Bates said at the Fortune Brainstorm Tech conference in this Colorado ski resort.

"We still have Europe so it's anyone's guess, but I would say we've got a couple of months more here," he said. "Maybe sort of an October timeframe would be my guess."

Microsoft announced in May that it was buying Skype for $8.5 billion in a move seen as aimed at boosting its presence in an online arena dominated by Google and Facebook.

Bates said Skype would constitute its own division at Microsoft, a move that he called "unprecedented" for an acquisition by the US software giant.

"I'm a peer president to the other five presidents that run the businesses," he said, reporting to Microsoft chief executive Steve Ballmer.

Bates said he does not expect any re-branding of Skype once it is owned by Microsoft.

Microsoft is getting "one of the greatest brands in the consumer Internet space," he said. "It is a verb. People talk about it in that way. They say Skype me.

"So, you can expect no change," he continued. "You can expect strong commitment to the brand."

Bates also raised the possibility of in-call advertising during calls on Skype but did not provide much detail.

"We obviously think that there's a very rich long-term advertising play" as Skype looks for more ways to make money, he said.

"The one I will just tease for everyone to think about is, we actually think there is a big play in in-call advertising," Bates said. "Watch this space. We think this is going to be a very exciting area for us."

The 43-year-old, who left a senior position at Cisco in August to join Skype, also said becoming the chief executive at Skype fulfilled a goal he set for himself four years ago.

"I'm very goal driven and my wife and I write down goals every year," he said. "One of the two goals I wrote down was I wanted to be a CEO before I was 45... And I wrote down four companies, and one of those companies was Skype."

Catch the latest from the Consumer Electronics Show on Gadgets 360, at our CES 2026 hub.

Further reading: Microsoft, Skype
Advertisement

Related Stories

Popular Mobile Brands
  1. Here's When the Vivo V70 Series Could Launch in India
  2. Flipkart Sale Early Deals: iPhone 17 Price in India Drops Under Rs. 75,000
  3. Here Are Some of the Best Smartphones Available in India With AMOLED Displays
  4. Apple Announces Creator Pro Bundle With Final Cut Pro, Logic Pro and More
  5. NoiseFit Pro 6R With Up to Seven Days Battery Life Launched in India
  6. Samsung Galaxy A07 5G Launched With 6,000mAh Battery: Price, Features
  7. iQOO Z11 Turbo Selfie Camera Revealed in New Teasers
  8. This Realme P Series Phone Could Launch in India With a 10,000mAh Battery
  9. Slack Introduces Agentic AI: How the New Slackbot Automates Your Workflow
  10. Apple Could Soon Add Support for End-to-End Encrypted RCS Messages
  1. Realme Neo 8 Colour Options and RGB Design Teased Ahead of China Launch
  2. Apple Creator Studio Launched as New Subscription Bundle for Creators Across iPhone, iPad, and Mac
  3. Astronomers Find ‘Mystery Engine’ Powering Massive Nebula Around a Dead Star, Challenging Physics
  4. Vivo V70 Series India Launch Timeline Leaked; Two Models Expected to Debut
  5. iPhone 17 Price in India Drops Under Rs. 75,000 Ahead of Flipkart Republic Day Sale 2026
  6. Slack Introduces Agentic AI: How the New Slackbot Automates Your Workflow
  7. Arc Raiders' Sales Cross 12.4 Million Copies as Embark Studios Rolls Out New Update
  8. Space Gen: Chandrayaan OTT Release Date: When and Where to Watch Nakuul Mehta, Shriya Saran Starrer Online?
  9. Qubo Dashcam 4G Live Launched in India With Live GPS Tracking, Safety Alerts Alongside Dashcam Trio: Price, Features
  10. Samsung Galaxy Z Flip 8 to Reportedly Miss Out on Major Camera Upgrades; Specifications Leak
Gadgets 360 is available in
Download Our Apps
Available in Hindi
© Copyright Red Pixels Ventures Limited 2026. All rights reserved.