Microsoft-Skype Deal Cleared For Takeoff, But Don't Expect A Big Integration Right Away

The European Union has approved Microsoft’s buy of Skype, paving the way for the deal to be closed.

Sources say that the purchase will be concluded next week. It will be Microsoft’s largest-ever acquisition at $8.5 billion.

Initially, Skype will be run as an independent division and all its current products will continue forward — there’s no big integration plan in place for day one.

Eventually, however, Skype could be integrated into numerous products, including Lync (Microsoft’s corporate messaging product), Xbox Live, and Windows Live Messenger.

Update: Here’s Microsoft’s statement on the approval.

NOW WATCH: Tech Insider videos

Want to read a more in-depth view on the trends influencing Australian business and the global economy? BI / Research is designed to help executives and industry leaders understand the major challenges and opportunities for industry, technology, strategy and the economy in the future. Sign up for free at research.businessinsider.com.au.