Thursday, July 19, 2018
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
TSMC Cuts Sales, Spending Outlook
Alphabet to Deploy Balloon Internet in Kenya
New Xiaomi Mi Max 3 has a 6.9-inch Screen But Only 1080p
Corning Gorilla Glass 6 Promises Improved Durability for Mobile Devices
Samsung's Foldable Phone Coming Next Year, WSJ Claims
Microsoft Could Release New Xbox Hardware Next Month
European Commission Fines Google $5 billion For Illegal Practices Regarding Android Devices
Sony Releases New SXRD Full HD Reflective LCD and Signal Processing Drive LSI for Portable Projectors
Active Discussions
Which of these DVD media are the best, most durable?
How to back up a PS2 DL game
Copy a protected DVD?
roxio issues with xp pro
Help make DVDInfoPro better with dvdinfomantis!!!
menu making
Optiarc AD-7260S review
cdrw trouble
 Home > News > General Computing > Europea...
Last 7 Days News : SU MO TU WE TH FR SA All News

Wednesday, December 11, 2013
European Court Rejects Cisco's Challenge Of Microsoft-Skype Deal


Europe's second highest court upheld a decision on Wednesday by European Union regulators clearing Microsoft's $8.5 billion takeover of Skype in 2011, rejecting a challenge by Cisco Systems Inc.

In September 2011, Microsoft notified to the European Commission the concentration by which it intended to acquire control of Skype.

Cisco and Italian fixed-line and Internet telephone provider Messagenet SpA submitted observations to the Commission by which they sought to demonstrate the anti-competitive effects that the planned merger would have.

In October 2011, the EC approved the Microsoft-Cisco merge, and Cisco and Messagenet brought an action before the Luxembourg-based General Court for annulment of the Commission?s decision.

The General Court said Cisco failed to show that the takeover would harm competition.

"Microsoft's acquisition of Skype is compatible with the internal market. The merger does not restrict competition either on the consumer video communications market or on the business video communications market," the judges said.

Cisco and Messagenet can appeal to the EU Court of Justice.




Previous
Next
Fujitsu Develops Technology to Remotely Access Home PC Files Using a Smart Device        All News        NSA Uses Google Cookies To Spot Potential Hacking Targets
Sanyo Settles LCD Patent Dispute With Sharp     General Computing News      NSA Uses Google Cookies To Spot Potential Hacking Targets

Get RSS feed Easy Print E-Mail this Message

Related News
Microsoft Could Release New Xbox Hardware Next Month
Walmart to Use Microsoft's Cloud Tech
Microsoft Offers Free Version of Teams, Its Slack Rival
Microsoft Classic IntelliMouse Reborn
Microsoft's Facial Recognition Technology Performs Well Across All Skin Tones, Genders
Microsoft to Buy Bonsai to Build 'Brains' for Autonomous Systems
Microsoft Releases Microsoft News App For Windows 10, iOS and Android
Microsoft Follows Amazon in Checkout-free Retail Technology: report
E3 2018: Microsoft 'Halo Infinite' Trailer Unveiled, Ninja Theory, Undead Labs, Playground Games, Forza Horizon, and Gears of War 5
Microsoft Highlights Intelligent Cloud, Intelligent Edge vision at Computex Taipei
Microsoft Launches Program for Women Returning to Work
Microsoft to Buy GitHub for $7.5 Billion

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2018 - All rights reserved -
Privacy policy - Contact Us .