Bill Gates Argued In Favor Of Microsoft's Acquisition Of Skype

Bill Gates revealed that he played a major role in convincing the Microsoft board to approve the acquisition of VoIP services provider Skype.

The software giant has decided to purchase the loss-making VoIP platform for a $8.5 billion (£5.2 billion); this is Microsoft's largest acquisition to date.

“I was a strong proponent at the board level for the deal being done,” the Microsoft chairman said during an interview with BBC's Hardtalk programme, The Inquirer reports.

Skype, which allows users to place voice and video calls over the internet, has become a popular communication channel among web users, but has failed to actually turn a profit for the last two years.

Microsoft could benefit from the acquisition by integrating Skype into its enterprise cloud services and Xbox 360 console but financial pundits continue to criticise Microsoft CEO Steve Ballmer for acquiring the loss making outfit.

Gates, on the other hand, seems very confident about Skype’s future with Microsoft.

“I think it's a great, great deal for Skype. I think it's a great deal for Microsoft. The idea of video conferencing is going to get so much better than it is today. Skype actually does get a fair bit of revenue. It'll be fascinating to see how the brilliant ideas out of Microsoft research, coming together with Skype, what they can make of that,” Gates said.