Founded in 2003 by a group of engineers in Tallinn, Estonia, Skype was a pioneer ... then-Microsoft CEO Steve Ballmer said in an event announcing the planned merger. “The Skype brand has become ...

REDMOND, Wash. — Microsoft is closing down Skype, the video-calling service it bought for $8.5 billion in 2011. The tech giant said Friday it will retire Skype in May and shift some of its services to Microsoft Teams, its flagship videoconferencing platform. Skype users will be able to use their existing accounts to log into Teams.

Microsoft has decided to shut down Skype. The shutter of this video calling service will fall in May this year. Microsoft bought it in 2011 for $ 8.5 billion. Skype played an important role in changing the way people interact online and at one time it became the identity of video calls.

Microsoft is all set to close the curtain on their popular video-calling service Skype in May, some of its services will shift to Microsoft Teams.

Microsoft is closing down Skype, the video-calling service it bought for $8.5 billion in 2011, which had helped spark a transformation in how people communicate online. The tech giant said Friday it will retire Skype in May and shift some of its services to Microsoft Teams,