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Cisco loses court challenge to Microsoft's takeover of Skype

Reuters: Microsoft fended off a challenge to its $8.5 billion takeover of messaging service Skype when Europe's second-highest court ruled against claims by rival Cisco that the 2011 deal would harm competition. The decision on Wednesday means Microsoft can continue to market Skype's video calls to consumers and businesses without making any concessions to Cisco or others offering similar products.

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