Feeds

eBay buys Skype

Talking telephone numbers

Next gen security for virtualised datacentres

Online auctioneer eBay is buying VoIP provider Skype for $2.6bn.

A statement on eBay.com confirmed the takeover. EBay will pay $2.6bn in a mixture of cash and shares. Bonus payments of a further $1.5bn will be made if Skype hits certain targets.

Skype launched in beta in late 2003 and now claims over 53m registered customers and 2m premium customers. It provides free calls to other Skype users and much reduced charges for other phone calls.

Presumably eBay wants to bundle the services into its auction site, allowing people to talk to sellers to get more information on items offered for auction. But the statement from eBay also refers to "new lines of business".

The markets were unconvinced by rumours ahead of the official announcement and traders sent eBay shares down sharply late last week. Some analysts suggested eBay could benefit from a partnering deal with Skype without needing to buy the company.

The company was started by the people behind P2P network Kazaa - Niklas Zennstrom and Janus Friis. Both will keep their jobs and Zennstrom will report directly to eBay boss Meg Whitman.

Read eBay's statement here. ®

Secure remote control for conventional and virtual desktops

More from The Register

next story
6 Obvious Reasons Why Facebook Will Ban This Article (Thank God)
Clampdown on clickbait ... and El Reg is OK with this
No, thank you. I will not code for the Caliphate
Some assignments, even the Bongster decline must
Kaspersky backpedals on 'done nothing wrong, nothing to fear' blather
Founder (and internet passport fan) now says privacy is precious
TROLL SLAYER Google grabs $1.3 MEEELLION in patent counter-suit
Chocolate Factory hits back at firm for suing customers
Mozilla's 'Tiles' ads debut in new Firefox nightlies
You can try turning them off and on again
Sit tight, fanbois. Apple's '$400' wearable release slips into early 2015
Sources: time to put in plenty of clock-watching for' iWatch
Facebook to let stalkers unearth buried posts with mobe search
Prepare to HAUNT your pal's back catalogue
prev story

Whitepapers

Endpoint data privacy in the cloud is easier than you think
Innovations in encryption and storage resolve issues of data privacy and key requirements for companies to look for in a solution.
Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
Advanced data protection for your virtualized environments
Find a natural fit for optimizing protection for the often resource-constrained data protection process found in virtual environments.
Boost IT visibility and business value
How building a great service catalog relieves pressure points and demonstrates the value of IT service management.
Next gen security for virtualised datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.