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Cisco challenges Microsoft buy of Skype in EU court | |
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| Time: 13:14 EST/18:14 GMT | News Source: Reuters | Posted By: Byron Hinson | ||
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Cisco Systems Inc, the world's leading network equipment maker, will try to convince Europe's second highest court on Wednesday that it should overturn the EU's approval of Microsoft's purchase of Skype. If Cisco wins the challenge at the Luxembourg-based general court, the European Commission would have to annul its decision, which allowed Microsoft to buy the Internet video and voice company without having to make any concessions. Cisco, which is appealing together with Italian fixed-line and Internet telephone provider Messagenet SpA, will argue that the Commission made several "manifest errors" in assessing the $8.5 billion Microsoft-Skype deal. | ||
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