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eBay Sells Skype for $1.9 billion

by Dave777
11 replies
Just for your info in case it hasn't been posted...
eBay Sells Skype for $1.9 billion - Google News

Dave
#$19 #billion #ebay #sells #skype
  • Profile picture of the author Michael Mayo
    Skype got short changed...

    They shouldn't have taken less that 4.1 Billion...wimps!

    ~Michael
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  • Profile picture of the author InternetMarketingIQ
    They sold a piece of it anyway. The creators who sold it to eBay actually wanted to buy it back, but that obviously was never going to happen.
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  • Profile picture of the author samstephens
    So that was only PART of it they sold?

    Do you know how much?

    Because they originally bought it for $4.1 billion, so you wouldn't want to sell too much of it for 1.9, unless they need some quick cash

    cheers
    Sam
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    • Profile picture of the author Wintermute
      "eBay said today it has reached an agreement to sell a 65% stake in Luxembourg-based Skype to a consortium of investors including the Canada Pension Plan (CPP) for $1.9 billion."

      From the article.
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      • Profile picture of the author samstephens
        Originally Posted by Wintermute View Post

        "eBay said today it has reached an agreement to sell a 65% stake in Luxembourg-based Skype to a consortium of investors including the Canada Pension Plan (CPP) for $1.9 billion."

        From the article.
        Wow, so they actually made a loss on the Skype venture.

        Ah well, what's half a billion or so between friends?
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  • Profile picture of the author garyk1968
    I think they paid well over the odds and have been lucky to offload part of it again for an inflated price.
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  • Profile picture of the author MichaelHiles
    The intellectual property lawsuit that they're likely to lose has a lot to do with it.

    Seems the guys who sold it to Ebay didn't actually license one of the core VOIP components along with the operating company, and in Ebay's haste to pen the deal they overlooked that little fact.
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  • Profile picture of the author TheUrge
    A big part why eBay sold Skype is the simple fact that the synergies were just not there. The eBay plan as far as acquiring other businesses in the past (Paypal, BillMeLater, half.com) has for the most part always been how each company can benefit each other.

    Skype just never really panned out.
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    • Profile picture of the author FrontLineMentor
      Ebay is a multi billion company..transaction
      with millions or billions is normal to them
      They bought paypal and skype
      just like google bought youtube i guess?
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  • Profile picture of the author Zeus66
    I don't care who owns Skype as long as it provides reliable and very cheap VoIP that's about as user friendly as it gets. I dig it. Don't change it. I'll keep paying.
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  • Profile picture of the author TheDebtEliminator
    I like Skype and use it frequently

    Big business is just getting use to adding more zeros to a check

    It was $1,90 with just adding nine zeros it become big money

    I really hope that they can keep the service the at same level or better

    Just my 2-cents with no added zeros
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