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Tuesday, September 1, 2009

eBay to Sell Skype

eBay reached a deal to sell Skype for $2bn, while retaining a 35% share in the VoIP company. Purchased for about $3bn in 2005, Skype's number of users increased from 53 million to over 400 million since eBay purchased it, helped in no small part by being featured in major TV talk shows, such as The Oprah Winfrey Show, and a word-of-mouth ad campaign.

Skype's new owners include Marc Andreessen, co-founder of Netscape, and Index Ventures, the firm which originally invested in Skype. Though eBay will keep the 35% stake mentioned above, it had been trying to sell the company for a while now, as it isn't exactly compatible with its business model.

Novel idea, eh, Google?

© C Harris Lynn, 2009

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