«
»

eBay ‘Set to Sell Skype’ (Wants around $2bn)

eBay, the big daddy of online auction is all set to sell Skype to a group of Private investors as per reports. Skype was bought 4 years ago by eBay outbidding Yahoo and Google. An announcement related to this deal is expected as soon as today.

The investment group is likely to include Andreessen Horowitz, a new venture capital firm headed by the Netscape co-founder Marc Andreessen, these people said. One of the people added that Index Ventures, a London-based venture capital firm that was an early investor in Skype, and the private equity firm Silver Lake Partners were also involved. A price was not disclosed, but eBay has said it wants around $2 billion for Skype, which is on track to take in more than $600 million in revenue this year.

ebay-all-set-to-sell-skype1

The move to offload Skype follows a year-long review which concluded that the business was not a good fit with eBay’s core auction business or with its payment operation, PayPal.

You can also follow me on Twitter at http://twitter.com/vaibhav1981

Do stay tuned to Technofriends for more, one of the best ways of doing so is by subscribing to our feeds. You can subscribe to Technofriends feed by clicking here.

Related posts:

  1. [eBay] eBay Spy Lets You Monitor eBay Auctions And Find Great Deals
  2. Sony PSP is the second most Popular Skype Platform after Computers
  3. [Skype] Double Connection Fees For International Calls (To Some Countries)
  4. Using eBay Global EasyBuy Indians Can Buy Stuff From US on eBay
  5. [Skype] Encrypt Your Skype Conversations With CryptoChat 4 Skype

This entry was posted on Tuesday, September 1st, 2009 at 6:20 pm and is filed under Skype. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

Leave a Reply