The Deal
Friday, July 4, 
10:36 pm

[Posted on April 17, 2008 - 6:26 PM]

 

skype.jpgEBay Inc. (EBAY), by failing to flatly deny rumors of a sale of Skype, is now fueling those rumors.

In an interview with the Financial Times, eBay CEO John Donahue said that 2008 would be a year of testing synergies between its core business and Skype, which eBay bought for $2.6 billion in 2005 under the leadership of former eBay CEO Meg Whitman.

"If the synergies are strong, we'll keep it in our portfolio. If not, we'll reassess it," he said.

The synergies argument between the online auction site eBay and the Internet phone business Skype was always viewed with some skepticism, requiring some outside-the-box thinking because the two companies operated in such distinct sectors. EBay argued that Skype's communication network could transform the way its buyers and sellers connected. But even as IP communications grow, EBay has been unable to show that Skype is helping its buyers and sellers do business. 

Looks like eBay is only prepared to think outside the box for a little while longer. --Andrea Orr 

See April 2 post on Google-Skype rumors from TechConfidential
See April 17 post on Skype from FT.com

 


Post a comment



Search


The Tech Confidential Network
The Tech Confidential Network unites the leading voices from around the Internet on the topics of high-tech startups, venture capital and investment exits. Bloggers and publishers that want to expand their readership and monetize their content are encouraged to apply to join the Tech Confidential Network.


Video

The Deal Calendar: July 7-July 11, 2008

dealcaljuly7.gif
Suzanne Stevens speaks with Matt Wurtzel about potential deals in the video gaming sector.
 



Windward Ho!

Startups In New York




Syndicate


Recent Entries
Categories
Monthly Archives

©Copyright 2008, The Deal, LLC. All rights reserved. Please send all technical questions, comments or concerns to the Webmaster.