- Gigaom, Wednesday, December 11, 2013 2:55 PM
Cisco has failed in its attempt to reverse the European Union’s approval of Microsoft’s 2011 $8.5 billion Skype takeover – but the
thinking behind the verdict should dampen any Microsoft celebrations. When the EU green-lit the deal with no reservations, Cisco – which makes expensive videoconferencing gear for the enterprise
— threw a hissy fit. It and Italian VoIP outfit
Messagenet launched a challenge with the EU General Court, claiming the deal would harm competition. On Wednesday, the court dismissed the action in its entirety.
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