Skype planning $100 million IPO

Posted on Monday, August 09 2010 @ 19:32 CEST by Thomas De Maesschalck
A SEC filing reveals Skype is planning to raise up to $100 million in an initial public offering. Shares will be listed on the Nasdaq stock exchange later this year.
Ebay sold Skype to a group of investors last September after a series of contentious legal disputes between Skype’s management, its founders and Ebay. In the end, Ebay received $1.9bn for the company and retained a minority stake, short of the $2.6bn it paid for the company in 2005.

The new owners included Silver Lake Partners, the Canada Pension Plan Investment Board, and Andreessen Horowitz, a venture firm led by Netscape founder Marc Andreessen.
More info at FT.


About the Author

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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