The U.S. Federal Trade Commission has approved technology giant Microsoft’s $8.5 billion take-over bid for voice and video-over-IP provider Skype. The company first made its intentions clear about the take-over in May.
According to tech website TechCrunch, “Microsoft outbid Skype’s next competitor by almost two-to-one – and may even have been bidding against itself. Regardless, the tech giant is placing a serious bet on the European VOIP provider and clearly has its sights set on competing with Google in this area.”
But not all is well with the VOIP provider, as a number of senior executives have been asked to back their bags before the take-over bid was announced.
“Vice Presidents David Gurle, Christopher Dean, Russ Shaw and Don Albert were dismissed from the Luxembourg-based company, while Chief Marketing Officer Doug Bewsher and Anne Gillespie, head of human resources, were also fired. Executives Ramu Sunkara and Allyson Campa, from the 2011 Qik purchase, were also let go” Bloomberg Businessweek wrote.
A Skype spokesperson confirmed that the company has been making some management changes. “As part of a recent internal shift, Skype has made some management changes,” said Brian O’Shaughnessy.