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EBay announces Skype spin-off plan

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Angsuman Chakraborty

Posts: 19816
Nickname: angsuman
Registered: Dec, 2003

Angsuman Chakraborty is the CEO and Chief Architect at Taragana
EBay announces Skype spin-off plan Posted: Apr 14, 2009 7:43 PM
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Original Post: EBay announces Skype spin-off plan
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SAN FRANCISCO - Online auction house eBay said Tuesday that it plans to spin off its online telephony business Skype via an initial public offering by the middle of next year. The announcement was seen as an admission by the auction powerhouse that its $2.6-billion purchase of Skype in 2005 had not worked out as expected. [...]

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