gigaom.com - 4/15/2009
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It was in a conversation with Skype CEO Josh Silverman , I raised the question: when will eBay spin-off the mammoth Internet calling service via a public offering. Of course, he didn’t answer the questionThe answer to that question came today when eBay CEO John Donhaue announced that ...
investor.ebay.com - 4/14/2009
blogs.wsj.com - 4/13/2009
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blogs.wsj.com —
A quartet of private-equity firms have joined forces
for a leveraged buyout of a global telecommunications firm...
with hundreds of millions of users. And no, this isn’t a blog post from 2006. A group including KKR, Warburg Pincus, Providence and ...
(more)
Skype Founders Buyback EBay Niklas Zennstrom and Janus ...
gigaom.com - 4/13/2009
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gigaom.com —
Over the weekend, The New York Times reported
that Skype founders Niklas Zennstrom and Janus Friis were...
in talks with private equity groups to raise about $1 billion and buy their Internet calling service back from eBay. They sold the company ...
(more)
Why eBay Should Accept Skype Founders’ Buyout Offer [GigaOM]
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Blog Reactions
The Great ESkype — eBay releases IPO plan
GMSV —
... , wants to try again. And as Om Malik notes , it will be interesting to see if the proceedings are affected by some ongoing legal wrangling between the Skype founders and eBay over a technology transfer. ...
With an IPO on Its Mind, Skype Shows Growth [GigaOM]
GigaOM Network —
... , merged with another web giant or spun off via an initial public offering — one thing remains clear: The company is ...
eBay CEO: $2B Valuation for Skype Is “Low” [GigaOM]
GigaOM Network —
... the company is worth much more than $2 billion figure being thrown around by analysts, calling that valuation “low.” He is ignoring the fact that eBay doesn’t own the core IP for Skype and is in a legal tussle with founders Niklas Zennstrom and Janus Friis. Of course, eBay spent $2.6 billion on Skype, so one can’t expect Donahoe to publicly admit that ...
How Joltid Jilted eBay on Skype
WatchMojo.com Business & Technology —
... It is astounding that eBay forked over $3B for Skype and didn’t actually buy Skype’s underlying technology.
It is amazing that they didn’t realize this and outright criminal that they didn’t get a fully-paid, irrevocable, perpetual, non-exclusive (exclusive for the purposes of international calling) license.
Om Malik has all of the links you need:
- Skype Founders suggest they still own underlying technology to Skype
- Will Joltid turn eBay’s planned Skype IPO into a nightmare?
- Why ...
Skype Sale Nears: Why eBay Shareholders Should Be Mad [GigaOM]
GigaOM Network —
... That is why the decision to sell the company at just over three times sales doesn’t make much sense to me. Unless of course, eBay management is trying to use this deal to paper over the problems that continue to plague its core business of auctions. The other reason, could of course be the legal problems faced by Skype. These legal problems are a primary reason Skype’s IPO dream have turned into a nightmare. ...
Questions linger about Skype deal
BloggingBuyouts —
... , are embroiled in a bitter legal dispute with eBay, which originally purchased the company from the duo for $2.6 billion. Friis and Zennstrom, who once avoided U.S. soil to avoid litigation by the recording industry, claim that eBay does not own the software the powers the Skype network. Rather, they say that the software IP is merely licensed to eBay by Joltid, an entity the duo still controls. How the Skype guys pulled this off without raising massive red flags on eBay's legal team is unclear. Somehow they did. eBay's CEO John Donohoe said that the new Skype deal does not ...
Could SIP Really Save Skype? [GigaOM]
GigaOM Network —
... Global Index, a technology owned by Skype co-creators Niklas Zennstrom and Janus Friis via their company JoltID, is the fulcrum of leverage in their ongoing dispute with current Skype owner eBay and its ...
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eBay to divorce Skype on Wall St —
The Register 4/14/2009
Hangs up on Web 2.0 telco dream eBay plans to spin off Skype sometime in 2010, having failed to turn itself into a Web 2.0 telecoms hybrid.… Whitepaper - The emerging IT shift toward business service automation
App-a-Day —
SFGate: Technology 4/15/2009
Skype, the free-to-cheap Voice Over IP service, has a huge user base, and it's almost as passionate about it as iPhone users are about their device. Put the two together, and you've got fanboy gold. At long, long last, Skype has made those dreams come ...