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Skype Mum On Reports Of Possible $3 Billion Acquisition By EBay

2005-09-08 23:00:00

Skype Technologies on Thursday declined to comment on reports that it's in talks with eBay, under which the online auction giant would buy the VoIP provider for a price tag of $2 billion to $3 billion.

That stance marked an about-face from Skype's position of only a week ago, when it flatly stated that it wasn’t for sale.

Skype on Thursday also released a new suite of services called the Skype Voice Services Program, which includes some features that could be attractive to online auctioneer eBay. The Skype program calls for opening its VoIP universe to content providers to develop applications of interest to the firm’s 53 million users.

Both Skype and eBay have enjoyed close relations with Silicon Valley venture capital firm Draper, Fisher, Jurvetson. The VC company is a major investor in Skype and in past years has participated in financings with eBay.

The Wall Street Journal reported Thursday that unnamed sources said discussions between Skype and eBay were centered around a $2 to $3 billion price tag. Rupert Murdoch’s New York Post floated a $5 billion figure. Earlier media reports had Skype discussing acquisition with Murdoch’s News Corp, as well as with Microsoft and Yahoo.

Responding to a query on media reports of Skype-eBay discussions, a Skype spokesperson said in an e-mail: "Skype does not comment on rumors. Skype is focused on building a successful company for the long term."

Skype has experienced phenomenal growth with its more than 53 million users beginning to pay for some of its add-on services like voice mail as well as SkypeIn and SkypeOut, which link to non-Skype users on public switched telephone networks.

EBay has a current market valuation of about $55 billion.

HDTV: Finally In The Picture For Christmas 2005?
AMSTERDAM, Netherlands — The annual chorus of promises that high-definition television “has arrived” to sweep the viewing public off its feet was sung again at International Broadcast Conference (IBC) here, but came supported this time by two convincing forces — falling prices and government meddling.
Legal Group Predicts More Electronic Filing in Courts
The National Judicial College predicts that more courts will turn to electronic filing to deal with ever-growing caseloads.
Microsoft Unveils IE 7 Beta 2 Features
The Internet Explorer development team has revealed details of upcoming key features that will land in the next beta of IE 7.
Microsoft Takes On Adobe-Macromedia With New Web-Design Software
Microsoft on Tuesday said it would bring to market a suite of three Web-development products that could compete directly with software from Adobe Systems Inc. and Macromedia Inc., which are preparing to close a merger this fall.
IT-backed Workers Take More Net Risks
Workers are more like to indulge in risky Internet behavior -- surfing to unknown or even suspicious sites, for example -- when they have an IT department behind them to clean up their mess, a recently released study claims.
AOL To Boost Podcast Search
America Online Inc. on Wednesday said it plans to add this fall podcast search to its general search engine.
Company Offers Podcast Service
Conference Calls Unlimited on Wednesday unveiled a podcast service that covers the recording, storage and distribution of the audio files.
Search, Shopping Sites Launch Combined Online Service
Perfect Market Technologies Inc. and MeziMedia have created a combined shopping site that offers consumers comparative shopping and online coupons for product discounts.
Yahoo Overhauls Web Mail User Interface
Yahoo Inc. on Wednesday started testing a major Web-mail upgrade that looks and acts like a desktop application, such as Microsoft Corp.'s Outlook.
Host Color Doubles the Web Space For Its Mega Pack Hosting Plan
Host Color (hostcolor.com), has doubled the web space of all new Mega Pack accounts. From now on customers buying the Mega pack, Host Color's leading solution will have 2 GB of web space instead of 1 GB.


   
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