Skype CEO Tony Bates Speaks on Conference Call with Microsoft's CFO to Discuss $8.5B Deal (MSFT)

Skype's CEO Tony Bates speaks on conference call with Microsoft's MSFT CFO regarding the deal. Skype's Bates says, "Skype has 'very engaged' user base... Skype's key part of monetization is advertising... sees 45% CAGR for video based adds." Microsoft's CFO sees the deal as immediately accretive and will use overseas cash for deal.
Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In: NewsM&ATechInformation TechnologySystems Software
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!