eBay may acquire VoIP firm Skype
Friday, September 9, 2005
Online US-based auction company eBay is in talks to acquire Voice-over-IP (VoIP) provider Skype for US$5 billion. Many believe that eBay intends to enter the rapidly expanding VoIP market and give recent entrants, Google and Microsoft, a run for their money.
The speculation that eBay may buy the small Luxembourg-based company sent their shares down four percent on Wall Street.
VoIP is becoming an increasingly significant threat to traditional telephone companies, since most calls between computers are free and some users wonder why a separate land line is still needed.
- Joe Bolger. "EBay eyes Skype for slice of web call pie" — , September 9, 2005
- Katherine Griffiths. "eBay named as $5bn suitor for internet telephony group Skype" — , September 9, 2005
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