Some of the biggest news today happens to be another buyout. It looks like Microsoft and Skype are entering into an agreement for Microsoft to acquire Skype. The price tag looks like $8.5 billion in cash which is led by an investor group Silver lake. This will give Microsoft the ability to get more devices like the Xbox, Kinect, the widows phone and many other windows devices the edge giving Skype users the ability to connect with Lync, Outlook, Xbox Live and many more. Microsoft will also be investing support into non-microsoft platforms as well.

“Microsoft and Skype share the vision of bringing software innovation and products to our customers,” said Tony Bates. “Together, we will be able to accelerate Skype’s plans to extend our global community and introduce new ways for everyone to communicate and collaborate,” Bates said.