Technology Post – Skype Reaches 100 Billion Call Minutes in Q1 of 2012

In a New York Times article written by Nick Wingfield entitled: $8.5 Billion Deal for Calling Service Presents a Puzzle, Skype has reached some very impressive milestones since being acquired by Microsoft for $8.5 billion:

  • The number of people using Skype has increased 26% to more than 250 million
  • Call minutes have increased 40% to 100 billion in the first quarter of 2012

Microsoft has big plans for Skype. The Company plans to integrate Skype into Lync, a communications product aimed at businesses.  A second priority is to make Skype video conferencing work on Microsoft’s Xbox 360 console.

This is not the first time that Skye has been part of a much larger organization.  In 2005, Skype was acquired by eBay for $2.6 billion.  After the acquisition, the audience for Skype soared.  But when expected synergies with eBay did not materialize, eBay spun off Skype into a separate company with new investors. Let’s hope that the second time proves to be a charm for the Company!

 


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