Register

I agree with the Privacy Policy

Yahoo! Finance & News

Microsoft Acquires Skype In $8.5 Billion Deal

May 09, 2011

"When I look at the price tag, I go 'What?'" said Harry Wang, director of mobile research at Parks Associates, a tech research and consulting group. "$8.5 billion for revenue less than $1 billion a year? The long term, incremental value makes sense but it's not exactly a match with the price tag."

"The user base will definitely boost Microsoft's online presence," said Wang. "That's one of the key battlegrounds for them to gain in the future and they have to be there."

"It looks like Microsoft got into a bidding war, that Google and Facebook tried to acquire Skype," said Wang. "To use the Mastercard tagline, keeping competitors away from your key asset is priceless."

Previously In The News

Roku 3 tops Amazon Fire TV, Apple TV, and Chromecast in streaming player shootout

If you don't have an Internet-connected TV, or the one you have isn't able to access some services you'd like to use, you may be considering a stand-alone streaming media player. That's no surprise...

Apple Unveils Watch, Bigger-Screen IPhones in Product Blitz

According to Parks Associates, 2.8 million so-called smart watches were sold last year, along with another 13.6 million fitness tracking devices. From the article "Apple Unveils Watch, Bigger-S...

Apple could offer loyalty rewards for mobile payments

“It’s a technique worth trying,” says Jennifer Kent, a senior analyst at market researcher Parks Associates. “Mobile payments have had a difficult time getting traction with consumers.” A possi...

5 questions to ask yourself before you buy a smart watch

Smart watches have been in the tech news a lot lately—particularly since Apple introduced its much-anticipated Apple Watch last week. Still, while some analysts suggest smart watch sales will grow...

‹
1
2
...
24
25
26
27
28
29
30
31
32
33
›