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Skype may spend $50 million on an acquisition as it faces a lawsuit that targets the very foundation of the voice-over-Internet-protocol company. Citing multiple sources, TechCrunch.com says Skype is in negotiations to buy peer-to-peer VoIP startup Gizmo5, which has a Skype-like service with about 6 million users.The backstory: Throwing a...
Posted on October 14, 2009 9:10 AM
Tech M&A may be resurgent, but that doesn't make doing deals any easier. Take eBay Inc.'s (NASDAQ:EBAY) sale of 65% of Skype for instance. Skype co-founders Niklas Zennstrom and Janus Friis have sued eBay and the investor group paying about $2 billion for the VoiP company over an IP...
Posted on September 17, 2009 8:38 AM
**Update - eBay has signed an agreement to sell most of Skype, valuing the business at $2.75 billion.From the eBay announcement: The buyer, who will control an approximately 65% stake, is an investor group led by Silver Lake and includes Index Ventures, Andreessen Horowitz and the Canada Pension Plan Investment...
Posted on September 1, 2009 10:00 AM
A New York Times report says Niklas Zennstrom and Janus Friis, founders of Internet telephony Skype Technologies SA, are looking to buy the company back from eBay Inc. (Nasdaq:EBAY) for about $2 billion. eBay wouldn't confirm the report but one thing is for sure, it's looking for buyers and...
Posted on April 13, 2009 12:50 PM
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