Microsoft is about to close on a deal to acquire Skype, which is an online phone company that allows people to chat via microphone, text or talk from a computer to any phone or computer to computer.
This deal, reported by The Wall Street Journal, is said to be anywhere from $7 to $8 billion dollars.
Both companies have declined to speak and there is still a chance that this deal can fall through but we might in fact see an official announcement as early as Tuesday.
Could we see Skype on the XB360 sometime in the future?