Microsoft, Skype deal gets U.S. clearance

U.S. Federal Trade Commission has announced early termination of a review into the deal

Microsoft has received clearance from U.S. antitrust regulators for its proposed purchase of Internet telephony company Skype.

The transaction was granted an "early termination" of a review into the proposed deal, according to an update on Friday from the U.S. Federal Trade Commission (FTC).

Microsoft said in May that it has agreed to buy Skype for US$8.5 billion. Once the merger is complete, Microsoft plans to add Skype support to its Xbox and Kinect gaming devices and Windows Phone mobile operating system, and connect Skype users with its own Lync, Outlook and Xbox Live communications services.

Microsoft said it will continue to invest in and support Skype clients on non-Microsoft platforms.

Under the Hart-Scott-Rodino (HSR) Act, parties to certain large mergers and acquisitions must file a pre-merger notification and wait for government review, according to the FTC website. Parties proposing a deal file with both the FTC and Department of Justice, but only one antitrust agency will review the proposed merger.

Persons filing an HSR form may request that the waiting period be terminated before the statutory period expires, but such a request for "early termination" will be granted only after the FTC and the DOJ's Antitrust Division have completed their review and determined not to take any enforcement action during the waiting period, FTC said.

Microsoft said in May that the parties hope to obtain all required regulatory clearances during the course of this calendar year.

John Ribeiro covers outsourcing and general technology breaking news from India for The IDG News Service. Follow John on Twitter at @Johnribeiro. John's e-mail address is john_ribeiro@idg.com

Join the newsletter!

Or

Sign up to gain exclusive access to email subscriptions, event invitations, competitions, giveaways, and much more.

Membership is free, and your security and privacy remain protected. View our privacy policy before signing up.

Error: Please check your email address.

Tags Microsoftbusiness issuesskypelegalantitrustMergers / acquisitions

Keep up with the latest tech news, reviews and previews by subscribing to the Good Gear Guide newsletter.

John Ribeiro

IDG News Service
Show Comments

Brand Post

Most Popular Reviews

Latest Articles

Resources

PCW Evaluation Team

Tom Pope

Dynabook Portégé X30L-G

Ultimately this laptop has achieved everything I would hope for in a laptop for work, while fitting that into a form factor and weight that is remarkable.

Tom Sellers

MSI P65

This smart laptop was enjoyable to use and great to work on – creating content was super simple.

Lolita Wang

MSI GT76

It really doesn’t get more “gaming laptop” than this.

Jack Jeffries

MSI GS75

As the Maserati or BMW of laptops, it would fit perfectly in the hands of a professional needing firepower under the hood, sophistication and class on the surface, and gaming prowess (sports mode if you will) in between.

Taylor Carr

MSI PS63

The MSI PS63 is an amazing laptop and I would definitely consider buying one in the future.

Christopher Low

Brother RJ-4230B

This small mobile printer is exactly what I need for invoicing and other jobs such as sending fellow tradesman details or step-by-step instructions that I can easily print off from my phone or the Web.

Featured Content

Product Launch Showcase

Don’t have an account? Sign up here

Don't have an account? Sign up now

Forgot password?