eBay sells majority stake in Skype to group of investors

Posted on Wednesday, September 02 2009 @ 20:45 CEST by Thomas De Maesschalck
DailyTech reports eBay has sold 65 percent of Skype to a group of investors for $1.9 billion cash, 35 percent equity investment and $125 million bond.
EBay yesterday confirmed it has sold most of Skype to a group of investors for $1.9 billion. The investors now own 65 percent of the company best known for its VoIP service, with the following financial breakdown: $1.9 billion cash, 35% equity investment and $125 million bond -- ends up being just a bit less than the $3.1 billion eBay paid four years ago.

"Selling Skype now at this great valuation, while retaining an equity stake, makes sense for the company," said eBay CEO John Donahoe, said in a press statement. "And it allows us to focus all of our energies on the opportunities in front of PayPal and eBay."


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Thomas De Maesschalck

Thomas has been messing with computer since early childhood and firmly believes the Internet is the best thing since sliced bread. Enjoys playing with new tech, is fascinated by science, and passionate about financial markets. When not behind a computer, he can be found with running shoes on or lifting heavy weights in the weight room.



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