Microsoft's takeover of Skype has gotten another official thumb's up from the courts.
In a ruling reached Wednesday, the European Union's General Court upheld the decision to grant Microsoft's $8.5 billion acquisition of Skype in 2011, Reuters has reported.
Networking giant Cisco Systems had challenged that decision, arguing that the merger as approved was anticompetitive. Cisco found fault with the European Commission for failing to get any concessions from Microsoft before approving the deal.
But the judges rejected that argument.
"Microsoft's acquisition of Skype is compatible with the internal market," the judges … Read more