During the summer of 2021, Microsoft announced that Skype Business would officially be shutting down. At first glance, this seemed like quite a shame given that Microsoft had spent $8.5 billion acquiring the company. Not to mention, all of the effort and time spent on maintaining and improving the platform over the past decade. But, while Skype Business didn’t quite work out, the acquisition of Skype was still a massive success given that Microsoft was able to develop Microsoft Teams based on Skype. While all of the hype for video conferencing centers on Zoom, Teams is actually the real king of video conferencing. In fact, Teams has 270 million active users which is not far behind Zoom’s 300 million. Also, Teams’ users are likely much more profitable than Zoom’s users given that Microsoft primarily targets employers. Looking forward, it looks like it’s just a matter of time until Teams even overtakes Windows in terms of annual revenue. This video explains the acquisition of Skype and why Skype was likely Microsoft’s best acquisition.

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Timestamps:
0:00 - What Happened To Skype
2:52 - The Rise Of Skype
6:11 - The Death Of Skype
9:37 - Resurrection Of Teams
12:05 - The Domination Of Teams

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