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Cisco appeals EU's approval of Microsoft/Skype deal

Cisco appeals EU's approval of Microsoft/Skype deal

Feb 15th, 2012

(Reuters) - Network equipment maker Cisco Systems Inc has appealed the European Commission's approval of Microsoft Corp's acquisition of Internet voice and video service Skype, saying the commission should have put tougher conditions on the deal. "Cisco does not oppose the merger, but believes the European Commission should have placed conditions that would ensure greater standards-based interoperability, to avoid any one company from being able to seek to control the future of video communications," Cisco said on Wednesday. Microsoft gained EU approval in October last year to buy Skype for ... (Source: Reuters) -
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