Skype CEO Tony Bates will assume the title of president of the Skype.
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As Om Malik writes at GigaOM, "The software giant needs a competitive offering to Google Voice and Apple's emerging communication platform, Facetime." Microsoft will continue to invest in and support Skype clients on non-Microsoft platforms.
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The New York Times points out that the Skype acquisition is Microsoft's largest ever, and that it can help Microsoft "gain a foothold in the world of voice and video communications." Microsoft could integrate Skype into Office to help business users collaborate, the Times points out, and it could help Bing compete with Google's search engine and Microsoft's mobile operating system compete with Apple's iOS and Google's Android systems. And then there's the question of what this all means for Microsoft.
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RELATED: What Facebook and Instagram Can Learn From Microsoft and SkypeĪs for what this might mean for consumers, ReadWriteWeb and GeekWire predict Skype will soon migrate from PCs to cell phones and living rooms given Microsoft's mobile expertise and Xbox 360 Kinect sensors, which connect cameras to TV screens. Skype Data Collection Audio Recording VoIP Skype Jobs. We are looking for participants to take part in an Audio Recording Project Main requirements: You are a Native speaker of French C.
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Erick Schonfeld at TechCrunch, for example, thinks Microsoft, "desperate for a legitimate Internet business beyond Bing," is overpaying for a company that "still hasn't figured out how to turn 663 million users into a profit machine." (Current) Data Collection Project (FR-CA) Fixed-price Posted 8 days ago. First, there's the question of the price tag. Overnight coverage suggests discussion of the deal will go in several different directions as the day progresses. RELATED: Hedge Fund Billionaire Wants Microsoft's Steve Ballmer Canned The Wall Street Journalfirst reported on Monday night that a deal was near and All Things Digital confirmed the report, following GigaOM's scoop that Skype may have been talking to Microsoft in addition to Google and Facebook. Rather, Skype was trying to hire the guy who runs most of Cisco.Microsoft announced this morning that it will buy the Internet phone company Skype for $8.5 billion, with current Skype CEO Tony Bates continuing to run Skype as a business unit within Microsoft reporting to Microsoft CEO Steve Ballmer. And while there were rumors that a company like Cisco might buy it, adding a new CEO at this time points more strongly in the direction of an IPO. The company recently filed to go public in August. Skype has the scale it needs to negotiate lower telecom connection fees around the world, but it needs to ramp up the number of paying customers and convert more free users. In June, Skype was averaging 124 million active users a month, but only 8.1 million o them were paying. Skype is on track to pass $1 billion in revenues next year (its revenue run-rate for 2010 is $800 million). Skype’s current CEO, Josh Silverman, will be moving on. Someone like Bates doesn’t leave that kind of a job unless he thinks Skype is going to become a major company with serious upside. He had 12,000 employees reporting to him. He was responsible for about 80 percent of Cisco’s business and even more of its profits. Now Bates will top off the new team.īates is a heavy hitter, especially in the enterprise world, where the bulk of Skype’s future revenues may come from. Since it’s spin-off from eBay, Skype has a completely new executive team, including a new CFO, general counsel, chief marketing officer, and head of engineering.
CFO Adrian Dillion will be acting CEO in the interim. Bates will be moving to Skype HQ in Luxembourg and will begin his duties at the end of October. ( Updated) I have confirmed that Skype’s new CEO is going to be Tony Bates, a senior VP at Cisco, who runs its Enterprise and Service Provider groups, which together account for about $30 billion worth of Cisco’s business. Skype is taking another step towards becoming a public company today with the appointment of a new CEO.
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