WIND Mobile founder partners with equity firm to buyout Vimpelcom’s remaining shares

by Christina Peden Wind Mobile founder Tony Lacavera has announced a new partnership with Canadian private equity firm West Face Capital and other investors to buy out VimpelCom’s majority share in the company. VimpleCom, a Dutch-Russian owner tech conglomerate, has been trying to offload its Wind shares since acquiring Egyptian-owned Orascom, which financed Wind prior […]

Microsoft acquires Skype

Microsoft and Skype confirmed today an agreement under which Microsoft will acquire Skype for $8.5 billion in cash from an investor group which includes the Canada Pension Plan Investment Board. led by Silver Lake.

Upon approval by the boards both companies, Skype will become a new division of Microsoft. Tony Bates, the current Skype CEO, will run the division and will report directly to Microsoft CEO Steve Ballmer