Microsoft Corporation (NASDAQ:MSFT) has not always been the owner of Skype, however, the company, from CEO Steve Ballmer down the chain, is excited about what the platform has brought to the world over the years.
In a recent company blog post, Skype is honored for being such a great influence on the world over the past 10 years. It is hard to imagine that Skype has turned 10 years old, but it really has been that long since it was introduced to people from one side of the globe to the next.
Microsoft Corporation (NASDAQ:MSFT) Hit it Big with Skype
When MSFT purchased Skype in 2011 for $8.5 billion, many were wondering whether or not this was a good idea. While it was hard to say at first, over the past couple of years the answer has become clear: this is a true winning combination.
With more than 300 million users, spread all over the globe, Skype has changed the way people and businesses communicate forever.
Elisa Steele, chief marketing officer for Skype at Microsoft shared her excitement, saying, “Skype has to continue to disrupt to continue to be successful, and we’re up for the challenge.”
There is no denying the fact that Microsoft Corporation (NASDAQ:MSFT) is facing a challenge with Skype in the years to come. The company will not be able to simply sit back for the next 10 years and expect the same type of success. However, it is in position to do big things with the right approach.
From day one, Skype has been extremely popular with people of all age groups. Now that the company is under the direction of MSFT, the future is very bright.
As noted by Steele, technology has changed a lot over the past 10 years. Skype had a lot to do with many of these changes, and has high hopes for more of the same in the future.
Microsoft Corporation (NASDAQ:MSFT) hit it big with its acquisition of Skype a couple years back. While there is competition, this program is clearly top dog.
It will be fun to see what Microsoft Corporation (NASDAQ:MSFT) decides to do with Skype in the coming years. It is safe to say that the company has a few tricks up its sleeve.
These hedge fund managers have to be excited about what Skype will do for MSFT in the future: William Duhamel, James Litinsky, Jeffrey Ubben, Kelly Cardwell, and Sandy Nairn.
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