EU Gives Okay To Microsoft Acquisition of Skype
To I think no one's real surprise, the European Union today gave the go-ahead to Microsoft's acquisition of Skype. Given that the US Federal Trade Commission okayed the deal back in June, there should be no further barriers to the deal. Microsoft issued a very short statement:
We’re pleased that the European Commission has approved Microsoft’s acquisition of Skype. This is an important milestone, as we’ve now received clearance from both the United States and the European Union. We look forward to completing soon the final steps needed to close the acquisition, bringing together the employees of Microsoft and Skype, and creating new opportunities for people to communicate and collaborate around the world.
Jim Courtney took a look at the actual text of the EU ruling and in his post dissects how the commission viewed the consumer versus enterprise space with regard to competion - and how it reached the conclusion that it would be okay for Microsoft to acquire Skype.
For the sake of my friends working at Skype who have been hanging in an uncomfortable limbo while all this gets sorted out, I do hope that the acquisition can now proceed quickly. As Mary-Jo Foley notes, Microsoft has already been working on how Skype fits into the larger world of Microsoft, so hopefully we'll start seeing those actions start moving ahead soon.
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