Skype was first released back in August 2003 by the original developers who were Jaan Tallinn, Ahti Heinla, Janus Friis, Niklas Zennstrom and Priit Kasesalu. By 2010, its popularity had grown to over 663 million registered users, and in 2011 Microsoft bought Skype at a price of $8.5 billion. The name was derived from the words “sky” and “peer”.
Skype can be defined as a freemium voice-over IP service which allows you to send instant messages. Currently it is under the management of Microsoft, which has its headquarters in Luxembourg. It allows users to communicate with each other in real time by voice and video using a microphone and a webcam and support instant messaging. Other additional features you can find on the app includes videoconferencing and file transfer.
Another great feature from Skype is that it allows users to place phone calls to the traditional telephone networks such as landline telephones and mobile phones at a very affordable cost which is based on debit account system. It has other competitors such as Google Hangouts and Linphone, but it is still by far quite popular.