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

Maryellen Rose George

Brother PT-P750W

It’s useful for office tasks as well as pragmatic labelling of equipment and storage – just don’t get too excited and label everything in sight!

Cathy Giles

Brother MFC-L8900CDW

The Brother MFC-L8900CDW is an absolute stand out. I struggle to fault it.

Luke Hill

MSI GT75 TITAN

I need power and lots of it. As a Front End Web developer anything less just won’t cut it which is why the MSI GT75 is an outstanding laptop for me. It’s a sleek and futuristic looking, high quality, beast that has a touch of sci-fi flare about it.

Emily Tyson

MSI GE63 Raider

If you’re looking to invest in your next work horse laptop for work or home use, you can’t go wrong with the MSI GE63.

Laura Johnston

MSI GS65 Stealth Thin

If you can afford the price tag, it is well worth the money. It out performs any other laptop I have tried for gaming, and the transportable design and incredible display also make it ideal for work.

Andrew Teoh

Brother MFC-L9570CDW Multifunction Printer

Touch screen visibility and operation was great and easy to navigate. Each menu and sub-menu was in an understandable order and category

Featured Content

Product Launch Showcase

Don’t have an account? Sign up here

Don't have an account? Sign up now

Forgot password?