Do not panic. We accept late submissions for TechCrunch50, but please submit soon. »
Skype sells to eBay for $4.1 Billion
by Michael Arrington on September 12, 2005

eBay announced the acquisition of Skype (previous profiles) for $4.1 billion today.

$2.6 billion is being paid up front - half cash and half eBay shares. Another $1.5 billion will be paid in 2008 or later based on performance goals.

Skype has 50 million registered users and about $7 million in revenue last year. This year’s revenue is projected to be $60 million.

Jeff Clavier has an excellent early analysis of the deal.

Responses

Comments rss icon

Leave Comment

Commenting Options

Enter your personal information to the left, or sign in with your Facebook account by clicking the button below.

Alternatively, you can create an avatar that will appear whenever you leave a comment on a Gravatar-enabled blog.

Trackback URL
bugbugbug
The CrunchBoard
  • MediaTemple Logo
  • QuickSprout Logo
  • OpenX Logo
  • Cotendo Logo