Search Articles
Reproduction permitted for personal use only. For reprints and reprint permission, contact reprints@wistechnology.com.
Digest
EBay sells most of Skype to private investors
Source: New York Times
September 1, 2009
EBay announced a deal Tuesday to sell its Skype online calling service to a group of private investors, led by the Silicon Valley private equity firm Silver Lake Partners.
The buyers will pay eBay $1.9 billion in cash, which includes a loan from eBay of $125 million, for 65 percent of the company. EBay will retain a 35 percent equity investment in Skype, which is on track to take in more than $600 million in revenue this year.
Read full article>>
The buyers will pay eBay $1.9 billion in cash, which includes a loan from eBay of $125 million, for 65 percent of the company. EBay will retain a 35 percent equity investment in Skype, which is on track to take in more than $600 million in revenue this year.
Read full article>>
Add Your Comment
Comment Policy: WTN News accepts comments that are on-topic and do not contain advertisements, profanity or personal attacks. Comments represent the views of the individuals who post them and do not necessarily represent the views of WTN Media or our partners, advertisers, or sources. Comments are moderated and not immediately posted. Your email address will not be posted.
WTN Media cannot accept liability for the content of comments posted here or verify their accuracy. If you believe this comment section is being abused, contact edit@wistechnology.com.
Advertisement
Most Popular Stories
- Madoff computer programmers arrested; could face 30 years in $60B fraud
- HIPAA - Past, Present, and Future
- Myth busters: Why some things you hear about venture capital are wrong.
- Alice.com closes $6 million in new funding, raises total investment to $10.4M for online household goods shopping site
- Preparing for your next investor presentation
Advertisement
Featured EventsMore…
More Stories
- Stem cells may improve heart bypass results
- The future of ERP
- UW-Madison receives $9.5 million Gates Foundation grant
- Health insurance costs more in Wisconsin
- A freakonomic view of climate change
- C.O.R.E Jobs Act targets state’s economic strengths
- Online identity widget conceals email and shares social profiles
- API Healthcare introduces new generation of Navigator
- NanoRite board sets strategic direction for the center, elects officers
- HIPAA - Past, Present, and Future
WTN Media Presents
