Skype was at its peak popularity then, but already a threat was creeping around the corner. Over the next six years, it would be subject to two more major billion dollar acquisitions, ultimately ending up with Microsoft taking control of the company for $8.5 billion in 2011. Two years after launch, eBay ( $EBAY) acquired the company for $2.6 billion. Launched in 2003, it wasn’t long before Skype became an internet staple and every tech company of the era started clawing at the door. Skype, once a catch all for a number of different audio and video chat uses, now has a major competitor eating up every possible use for the app, leaving them old and in the dust. Not only has their crown been claimed - it’s been fractured. But in the years since, Skype has fallen from grace and become synonymous with antiquated social technologies like AOL Instant Messenger and MySpace. You weren’t “video chatting” someone, you were “Skyping” them. Years ago, the company name was synonymous with the video call.
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