Skype gets ready to float

IPO for VOIP

Best-known VoIP provider Skype has filed documents with the Securities and Exchange Commission to allow it to make an initial public offering of its shares.

The IPO remains a bit of a mystery - the number of shares on offer and the price range have not been revealed.

In 2009 eBay said Skpe was worth $2bn - which sounds like a lot until you remember that eBay paid $2.6bn for the company.

The flotation will be jointly co-ordinated by Goldman Sachs, JP Morgan and Morgan Stanley.

BofA Merrill Lynch, Barclays Capital, Citigroup Global Markets, Credit Suisse Securities (USA) LLC and Deutsche Bank Securities are all "book-running managers".

A prelimary prospectus will be available from Goldman Sachs but is not available yet.

The full release is available here.

Skype was founded by Niklas Zennstrom and Janus Friis, bought then sold by eBay. The two founders subsequently sued eBay for licence infringements. ®

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