You could hear the moaning yesterday for those of us who have a sentimental connection to Skype. It's the company that could. And yesterday, it was the company that did. They created a behemoth empire by doing what they do in a focused fashion and doing it very well.
Microsoft recognized this and swallowed them up at a very handsome price. Over 8 billion. The thinking was, we either over pay now, and attach this technology to our struggling phone business, or watch Google snap it up from underneath us.
Here is the full story from the NY times.