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Twitter has agreed to acquire TweetDeck, a Twitter desktop client preferred by many of the social-media service's most active users, for $40 million in cash and stock, according to a CNN report.
The deal has not been officially announced yet, but a purchase agreement was signed today, according to the report, which cited sources close to the deal.
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Microsoft has agreed to acquire Skype for $8.5 billion.
"Skype is a phenomenal service that is loved by millions of people around the world," Microsoft CEO Steve Ballmer said today in a statement. "Together we will create the future of real-time communications so people can easily stay connected to family, friends, clients and colleagues anywhere in the world."
Microsoft plans to integrate Skype's technology with the Xbox game console and Kinect motion-sensing device, as well as with its Windows Phone platform. The company also will "connect Skype users with Lync, Outlook, Xbox Live, and other communities.