Ballmer And Bates Sell The Skype Deal: We Think We “Can Reach Everyone On The Planet”
May 10, 2011 at 12:21 PM EDT
In the wake of today's news that Microsoft is buying Skype for $8.5 billion, CEOs Steve Ballmer and Tony Bates just held a press conference to explain the deal and sell it to investors. The reaction has ben tepid, with Microsoft shares down about 1 percent so far today. As I've pointed out, Skype is a great company, but there are concerns that Microsoft paid too much . In today's press conference, Ballmer did a good job couching the deal in terms of Microsoft's mission to bring people closer together through technology and make their lives better. "We will move beyond email and text to rich experiences. Talking to colleagues across the world will be as seamless as talking to them across the table," he predicts.