13 result(s) displayed (1 - 13 of 13):
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
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
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
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
Google Inc. (NASDAQ:GOOG) moved into the online phone biz in July 2007 with its acquisition of GrandCentral Communications, a startup that lets users lump multiple phone numbers and voicemails (such as from BlackBerries, home and cell phones) into a single account, manageable over the Web. On Thursday, Google relaunched and...
Posted on March 12, 2009 12:18 PM
eBay Inc. (NASDAQ:EBAY) has good reason to be unhappy with its 2005 acquisition of internet telephony provider Skype. But according to a report in BusinessWeek, the online auctioneer has plenty of reason to be pleased with its 2002 acquisition of online payments service PayPal -- and plans to explain them,...
Posted on March 9, 2009 1:24 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
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
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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