Microsoft, Skype Deal May Be Harbinger For Tech IPOs

Law360, New York (May 10, 2011, 7:15 PM EDT) -- Microsoft Corp.'s announcement Tuesday that it would buy Skype Technologies SA for $8.5 billion in cash — swallowing the voice and video leader before its initial public offering — could presage buyouts of other tech targets flirting with the stock market, analysts say.

Microsoft is buying Skype by deploying a portion of its $50 billion of cash and cash equivalent in a deal the Redmond, Wash.-based software and gaming giant says will put it at the nexus of three of the Internet's hottest areas: social networking,...
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