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."

Get your daily dose of tech news, reviews, and insights, in under 80 characters on Gadgets 360 Turbo. Connect with fellow tech lovers on our Forum. Follow us on X, Facebook, WhatsApp, Threads and Google News for instant updates. Catch all the action on our YouTube channel.

Further reading: Microsoft, Skype
Advertisement

Related Stories

Popular Mobile Brands
  1. Samsung Galaxy Z Fold 8 Ultra, Watch Ultra 2 Could Get Brighter Displays
  2. OnePlus Announces Deals on These Products for Upcoming Prime Day Sale
  3. Samsung Galaxy S25 Ultra Available at 'Lowest Price of the Year' on Amazon
  4. iPhone 18 Pro Rear Design, New Colourway Spotted in Drop Test Video
  5. Samsung Galaxy A27 5G First Impressions
  6. iPhone Ultra Dummy Image Offers Closer Look at Design and New Black Colour
  7. Samsung Galaxy Z Fold 8 Ultra, Galaxy Z Fold 8 Camera Details Leaked
  8. Here's How the Samsung Galaxy A27 5G Costs in India
  9. OnePlus N6 With an 8,000mAh Battery Arrives in India at This Price
  10. Infinix Note Edge Review
  1. Xbox Has Reportedly Paused New Third-Party Game Pass Deals
  2. Samsung Galaxy Z Fold 8 Ultra to Get 50-Megapixel Ultrawide Camera, No Camera Upgrades for Galaxy Z Flip 8: Report
  3. iPhone 18 Pro Rear Design, New Colourway Spotted in Purported Drop Test Video
  4. Samsung Galaxy A27 5G Price in India Revealed Days After Launch: Key Specifications, Features
  5. Germany Takes Lead in Europe’s MiCA Crypto Licensing With 57 CASPs Ahead of Deadline
  6. Nothing Phone 4b's Key Specifications Spotted via Leaked Real-life Images, Could Feature 6,000mAh Battery
  7. Acer TravelLite TL24-54M Launched in India With Intel Core Series 3 Chip, 14-Inch Display: Price, Specifications
  8. Qualcomm Schedules Snapdragon Summit 2026 for September: Snapdragon 8 Elite Gen 6 Series Expected to Debut
  9. Bitcoin Price Slides to $59,500 as US Fed Signals, Strategy's Turnaround Plans Weigh on Sentiment
  10. State of Decay 3 Developer Undead Labs Reportedly Facing Closure Amidst Xbox Cuts
Download Our Apps
Available in Hindi
© Copyright Red Pixels Ventures Limited 2026. All rights reserved.