Microsoft (MSFT, Financial) has officially discontinued its Skype service, marking the end of an era spanning over twenty years. Users of Skype can now seamlessly transition to Microsoft Teams, utilizing their existing credentials to log in on compatible devices for free. All messages and contacts will automatically sync to Teams, ensuring a smooth migration process.
Microsoft acquired Skype in May 2011 for $8.5 billion as part of its strategy to enhance its communication services for both consumers and businesses. This transition highlights Microsoft's focus on consolidating its communication platforms to better serve its user base.
