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Microsoft is seeking testers for its Skype Translator real-time video translation service, which will be available in limited preview form before year-end.



From All About Microsoft:
Microsoft is describing Skype Translator as a "brand new feature from Skype." Microsoft officials have been demonstrating real-time language translation for at least two years. The coming Skype Translator will provide two-way translated communication using Skype and video.

Skype Translator will translate selected languages in real time between the participating parties. It will display an on-screen transcript of the call and provide translated Skype instant message chats in 45 languages.
  Microsoft starts taking sign ups for its Skype Translator preview