Bill Gates says he pushed for Microsoft to buy Skype

Thursday, May 19, 2011

Bill Gates says he was among those who pushed for Microsoft to buy Skype last week for $8.5 billionWhen asked on the BBC TV show Hardtalk whether it made sense for Microsoft, the titan of the tech industry that Gates co-founded, to pay more than $8 billion for a company that makes a largely free Web phone system that isn't currently turning a profit and was valued at about a third as much two years ago, Gates said absolutely.
"I was a strong proponent at the board level for the deal being done," said Gates, who serves as Microsoft's chairman. "I think it's a great, great deal for Skype. I think it's a great deal for Microsoft. The idea of videoconferencing is going to get so much better than it is today."
Skype, which is used by more than 170 million people each month, is Microsoft's biggest purchase to date. In an interview with Bill Gates at BBC, he said that buying Skype was good for the future of Microsoft.
"I'd be the first to say that there's several tech companies including Microsoft, including Apple, including Google, who're doing fascinating work and the importance of software, I think, is more evident to people than it's ever been," Gates said.
"It'll be fascinating to see how the brilliant ideas out of Microsoft research, coming together with Skype, what they can make of that.... It's a great purchase that a lot of innovation will come out of."

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