∞ FTC approves Microsoft's purchase of Skype

The Federal Trade Commission on Friday gave the thumbs-up to Microsoft’s bid to purchase Skype. The two companies announced the $8.5 billion cash sale in May. Microsoft said that Skype will support Microsoft devices including Xbox and Kinect, Windows Phone and others, and Microsoft will connect Skype with Linc, Outlook, Xbox Live and other communities.

Microsoft’s interest in the money-losing, but popular service highlights a need to gain new customers for its Windows and Office software. Skype has 145 million users on average each month and has gained favor among small businesses.

Microsoft gets antitrust approval to buy Skype [Reuters]