16 result(s) displayed (1 - 16 of 16):
EBay Inc. (NASDAQ:EBAY), which plans to lay off several dozen people, will report third-quarter earnings on Wednesday with the Webcast earnings call scheduled for 2:00 p.m. PT. Analysts are projecting a sliver of growth instead of declining revenue, which eBay has faced for a year. They project earnings of 37...
Posted on October 19, 2009 8:27 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
eBay Inc. (NASDAQ:EBAY), refocusing itself on its core market of e-commerce, received approval from South Korean antitrust regulators to acquire online retailer Gmarket Inc. (NASDAQ:GMKT) for about $1.2 billion, which it will combine with its existing South Korean marketplace business, Internet Auction Co.In an FTC statement (flagged by TradingMarkets.com),...
Posted on April 23, 2009 12:03 PM
eBay Inc. (Nasdaq: EBAY) said it will combine online retailer Gmarket Inc. (Nasdaq: GMKT) with its existing South Korean marketplace business, Internet Auction Co., or IAC, while maintaining separate sites. eBay is offering $24 per share, valuing the deal around $1.2 billion.The deal offers Gmarket users a global range...
Posted on April 16, 2009 8:27 AM
StumbleUpon, acquired by eBay Inc. (NASDAQ:EBAY) two years ago for $75 million, is parting ways with the online auction giant as it returns to the ranks of an investor-backed startup. StumbleUpon said there were a lack of synergies with eBay -- the same reason Skype Technologies SA may be...
Posted on April 14, 2009 9:09 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
Skype Ltd. has hired Christopher Dean (pictured) to lead strategy as it attempts to rebound from a difficult couple of years. Dean will oversee partnerships and M&A. He joins from Texada Capital, an investment firm he co-founded. The eBay Inc.-owned VoIP operator also added Daniel Berg as chief technology officer....
Posted on December 11, 2008 10:37 AM
To create a more agile company, eBay Inc. plans to reduce its global workforce by about 10%, affecting around 1,000 employees in addition to several hundred temporary workers. It's also continuing to expand beyond its core auction site. Looking for more profitable endeavors, eBay acquired Denmark's leading online classifieds...
Posted on October 6, 2008 12:34 PM
Between our print publication - Corporate Dealmaker - and this blog - CD Forum - we've been highlighting the responsibilities and challenges faced by corporate development executives for about the past four years. So we were happy to see that McKinsey & Co. had pulled together an impressive group...
Posted on May 26, 2008 8:23 AM
Craigslist founder Craig Newmark and CEO Jim Buckmaster never wanted eBay Inc. to have a stake in their company, but they made the best of things after eBay found a former Craigslist employee willing to sell in 2004 and bought a 28.4% slice. EBay's new classified site, Kijiji.com, which...
Posted on May 1, 2008 7:45 PM
Skype CEO Josh Silverman's comments to Reuters on Friday about the company's relationship with parent eBay are sure to set off a fresh round of speculation about a possible sale. According to Silverman...
Posted on April 21, 2008 12:19 PM
Acquisitions have long been important to eBay Inc. And with $7.6 billion in revenue last year but slowing growth in its core auction business, the company will continue to emphasize them. Right in the center of that effort is Lorraine McDonough, vice president of corporate development, who led the $1.5...
Posted on February 19, 2008 3:08 PM
They're good for incentivizing performance and retaining talent. But if not structured right, they can undermine a deal down the road.
Posted on February 15, 2007 1:01 AM
When Yahoo! Inc. sought out an alliance with eBay Inc. last spring, Joseph Siino nabbed a coveted U.S. ad partnership -- and an edge over its biggest competitor, Google Inc. Several months before that, Siino negotiated an intellectual property rights agreement with Alibaba.com Corp., China's leading Internet business, gaining...
Posted on December 15, 2006 9:44 PM
More than $1 billion in earnouts, and a target with shareholders around the world. Sound like fun? Complex deals like eBay-Skype spotlight the contributions of outside counsel.
Posted on June 15, 2006 9:15 PM
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Juergen Lasowski
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