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Varelse
09/12/2005, 19:08
Online auctioneer eBay is buying VoIP provider Skype for $2.6bn.

A statement on eBay.com confirmed the takeover. EBay will pay $2.6bn in a mixture of cash and shares. Bonus payments of a further $1.5bn will be made if Skype hits certain targets.
See the full articles:
http://www.redherring.com/Article.aspx?a=13504&hed=eBay+Mulls+Skype+Buy
http://www.theregister.co.uk/2005/09/12/ebay_bids_skype/

justin
09/12/2005, 19:42
Yes, its pretty incredible the price they paid (2.6 b), considering skype's yearly profits are around 60 m.

jayapura
09/12/2005, 20:45
Corporate communication has a cost. :)