Cisco Could Have Owned Skype...And Worried Less
This month, Cisco requested that the EU block the Skype/Microsoft merger, fearing anticompetitive behavior in communications.
The CEO also revealed some of its past with Skype. It seems Cisco passed up anĀ (extremely expensive) opportunity: buying Skype. "Cisco, which is famous for its acquisition strategy, may have made a rare flub with Skype," says Gigaom. Skype simply went from one corporate-focused tech company to another. As we know, Microsoft bought Skype instead in May 2011 for $8.5 billion.