Internetnews.com: “Microsoft announced Tuesday that it is buying Internet communications provider Skype for some $8.5 billion in cash — the largest acquisition in the company’s history. The two companies said the deal was the result of an unsolicited offer from Microsoft and, if it passes regulatory hurdles, will make Skype a division of the software giant. The companies hope to finalize the purchase during the current calendar year. Microsoft sees the acquisition as key to its vision of a connected world which will have, the two companies hope, billions of users over time.”