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	<title>Technology News &#187; Internet Security</title>
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		<title>eBay has sold 70% of Skype for $ 2 billion</title>
		<link>http://technewsbriefs.com/ebay-has-sold-70-of-skype-for-2-billion/</link>
		<comments>http://technewsbriefs.com/ebay-has-sold-70-of-skype-for-2-billion/#comments</comments>
		<pubDate>Sun, 22 Nov 2009 16:25:23 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Internet Security]]></category>
		<category><![CDATA[eBay]]></category>
		<category><![CDATA[eBay sold to skype]]></category>

		<guid isPermaLink="false">http://technewsbriefs.com/?p=519</guid>
		<description><![CDATA[<div class="kkautopostimage "><a href="/auto-post-images/api63.jpeg"  rel="ibox" title="&#160;"><img src="/auto-post-images/thumbs/thumb_api63.jpeg" class="" alt="ebay has sold 70 of skype for 2 billion" title="EBay Has Sold 70% Of Skype For $ 2 Billion" /></a></div>
<p>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.</p>
<p>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.<br />
Skype transaction group evaluates approximately 2.8 billion U.S. dollars.</p>
<p><a href="http://technewsbriefs.com/wp-content/uploads/2009/11/ebay.jpg"><img class="aligncenter size-medium wp-image-520" title="ebay" src="http://technewsbriefs.com/wp-content/uploads/2009/11/ebay-300x183.jpg" alt="" width="300" height="183" /></a><span id="more-519"></span></p>
<p>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).<br />
The remaining 14% will return the two founders of Skype, Janus Friis and Niklas Zennstrom, through a company Joltid.<br />
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.</p>
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