eBay to buy Skype

DavidGP · Sep 12, 2005

Online auction site eBay has agreed to buy internet telephone company Skype Technologies in a $2.6bn (£1.4bn) deal.
eBay said it would pay half the amount in cash and the other half in stocks to create "an unparalleled e-commerce and communications engine".

Skype's software lets PC users talk to each other for free and make cut-price calls to mobiles and landlines.

Other players in the online phone market include computer giants such as Google, Microsoft, AOL and Yahoo.
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BoredOutOfMyMind · Sep 12, 2005

Halo said:

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Other players in the online phone market include computer giants such as Google, Microsoft, AOL and Yahoo.

Doesn't AOL own ebay?

DavidGP · Sep 12, 2005

Without closely looking at all the corporate dealings, AOL have a marketing agreement with eBay, but they do not own the company.

The new agreement reprises a history of the auction site's marketing via America Online. In 1998, the companies struck a $12 million, three-year deal that placed eBay in AOL's classifieds and hobby special interest areas. The deal also created an AOL Keyword for the site.

In 1999, the companies signed a separate, four-year, $75 million e-commerce agreement that saw AOL taking on ad rep duties for eBay, and adding the site's auction listings and message boards to its own online services to create co-branded areas and sites for AOL users.

"Our relationship over the years with America Online has been a huge success," said Meg Whitman, eBay President and CEO. "Working across AOL Time Warner's tremendous assortment of media properties will allow us to bring eBay to more consumers than ever before. The entire eBay community will benefit from the increased awareness and traffic that this new deal should generate."
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eBay to buy Skype

DavidGP MajorGeeks Forum Administrator - Grand Pooh-Bah Staff Member

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eBay to buy Skype

DavidGP MajorGeeks Forum Administrator - Grand Pooh-Bah Staff Member

BoredOutOfMyMind Picabo, ICU

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