Skype’s basic functionality, in both versions, is as an instant messaging and Voice over Internet Protocol (VoIP) service. In 2015 it re-branded Lync as Skype for Business, meaning that, although both versions of Skype are similar at their core, they have functional differences stemming from their background as separate applications. However, at the time Microsoft also owned an in-house collaboration product, called Lync, for business use. Microsoft acquired Skype in 2011 as the popular free version of Skype in use today. Skype is a communications product provided by Microsoft, both in free and enterprise options.
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