technewsbriefs » Internet Security http://technewsbriefs.com Sun, 25 Jul 2010 12:00:19 +0000 http://wordpress.org/?v=2.9.1 en hourly 1 eBay has sold 70% of Skype for $ 2 billion http://technewsbriefs.com/ebay-has-sold-70-of-skype-for-2-billion.html http://technewsbriefs.com/ebay-has-sold-70-of-skype-for-2-billion.html#comments Sun, 22 Nov 2009 16:25:23 +0000 admin http://technewsbriefs.com/?p=519 American Group eBay announced Friday it has completed the sale of 70% stake in Skype for $ 2 billion, a group of investors that includes the two founders of internet telephony system.

eBay, which will keep a stake of 30% in the group will receive 1.9 billion U.S. dollars in cash and then another 125 million U.S. dollars, according to a release of the group.
Skype transaction group evaluates approximately 2.8 billion U.S. dollars.

Following the sale, 56% interest in Skype will be held by a group of investors, including funds include Silver Lake Partners and Andreesen Horowitz and Investment Bureau of the pension in Canada (CPPIB).
The remaining 14% will return the two founders of Skype, Janus Friis and Niklas Zennstrom, through a company Joltid.
eBay announced in early September it would sell 65% of Skype, a company taken over four years ago from the two founders, for 3.1 billion U.S. dollars.

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