eBay Sells Most Of Skype For $1.9 Billion

**MIG-31** · Sep 1, 2009, 05:15 PM

A move by eBay to drop its planned IPO and unload control of its Skype Technologies VoIP unit to a group of private investors for $1.9 billion would likely eliminate sticky litigation with Skype's founders Niklas Zennstrom and Janus Friis, who have been seeking to purchase Skype.

eBay will retain a 35% equity position in Skype in the deal, which values Skype at $2.75 billion.
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Source: Information Week

Sep 1, 2009, 05:15 PM	#1
MIG-31 HardwareHeaven News Mod Join Date: Dec 2002 Location: Nottingham,UK Posts: 56,848 Rep Power: 471 System Specs	eBay Sells Most Of Skype For $1.9 Billion A move by eBay to drop its planned IPO and unload control of its Skype Technologies VoIP unit to a group of private investors for $1.9 billion would likely eliminate sticky litigation with Skype's founders Niklas Zennstrom and Janus Friis, who have been seeking to purchase Skype. eBay will retain a 35% equity position in Skype in the deal, which values Skype at $2.75 billion. _____________ Source: Information Week __________________ Please Post Your News Submissions Here