Results 1 to 8 of 8
  1. #1
    ABW Ambassador JJJay's Avatar
    Join Date
    January 18th, 2005
    Posts
    1,624
    EBay to buy Skype $2.6B
    I've used Skype maybe once or twice before, certainly didn't think a free online VOIP service was worth $2.6B. In 2004, the company generated about $7 million in revenues. Full story below,

    http://biz.yahoo.com/ap/050912/skype_ebay.html?.v=16

  2. #2
    Affiliate Manager
    Join Date
    January 17th, 2005
    Location
    Seattle, WA
    Posts
    164
    Yeah, I agree. 2.6 billion for a company that produced 7 Million in revenue. That's a lot of money!

  3. #3
    lurk
    Join Date
    March 25th, 2005
    Posts
    355
    When a company buys another company it doesnt only have to do with prior years revenue. If you continue to read it says this years revenue is projected at $60Mm... and next years at $200Mm.

    When a company is growing that rapidly the purchasing cost is generally an exuberant amount more than what its current value is. It would be difficult to buy a company for a lower amount when the company is certain that they will grow over 100% in one years time. The purchasing company must offer enough to entice the owners not to wait another year or two to sell the company at a higher price.
    Jason

  4. #4
    Troll Killer and best Snooper!
    I decide when the pigs fly!
    Rhea's Avatar
    Join Date
    January 18th, 2005
    Location
    New York, USA
    Posts
    6,195
    They're probably also getting a bunch of patents thrown in for good measure.

    Perhaps they need the technology for the backbone of a major project they're working on to make eBay more interactive.

  5. #5
    Newbie
    Join Date
    September 13th, 2005
    Posts
    14
    Skype is amazing, I use it almost everyday. I got a skype connector that my phone plugs into so I don't have to use a mic. it's like using your normal phone t o call long distance for free.

  6. #6
    Affiliate Manager midPhase-Dan's Avatar
    Join Date
    February 21st, 2005
    Location
    Chicago, IL
    Posts
    44
    I wish I got a commission on that one! lol

  7. #7
    MasterMike HardwareGeek's Avatar
    Join Date
    January 18th, 2005
    Posts
    3,810
    ebay to buy skype and a few days later a hardware maker releases a tool for ISPs to block Skype packets and p2p packets. I see ebay being screwed

  8. #8
    ABW Ambassador
    Join Date
    January 18th, 2005
    Location
    Nunya, Business
    Posts
    23,684
    old, old thread bump but - EBay to sell part of telecom service Skype for $2B

    NEW YORK EBay Inc. is trading control of the online telecommunications service Skype for about $2 billion, reversing a 2005 acquisition that many analysts considered a head scratcher from the beginning.

    The company famous for its online marketplace said Tuesday it is selling a 65 percent stake in the business to a group of private investment funds for $1.9 billion in cash and a $125 million note, while retaining a 35 percent stake.........

    http://news.yahoo.com/s/ap/us_ebay_skype

  9. Newsletter Signup

+ Reply to Thread

Similar Threads

  1. Replies: 10
    Last Post: July 15th, 2008, 10:44 AM
  2. Ebay & Buy.com Deal.
    By Amy_S in forum eBay Partner Network
    Replies: 1
    Last Post: May 6th, 2008, 04:05 AM
  3. How safe it is to buy software from eBay?
    By Kcedit in forum Midnight Cafe'
    Replies: 12
    Last Post: August 26th, 2003, 08:04 PM
  4. "Buy It Now" at eBay
    By edkaiser in forum Commission Junction - CJ
    Replies: 14
    Last Post: December 23rd, 2002, 08:29 PM
  5. eBay commission for "Buy It Now" purchases?
    By jwbworks in forum Commission Junction - CJ
    Replies: 0
    Last Post: October 12th, 2002, 07:45 AM

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •