Skype sold for $US1.9 billion to private investors

Online auction house eBay has sold the majority of VoIP service Skype to a group of private investors in a deal worth $US1.9 billion, following days of unconfirmed reports on the internet. The deal comes after eBay announced earlier this year that as part of Skype’s 2010 initial public offering, it would consider bids that […]

Patrick Stafford 02 September, 2009

Online auction house eBay has sold the majority of VoIP service Skype to a group of private investors in a deal worth $US1.9 billion, following days of unconfirmed reports on the internet.

The deal comes after eBay announced earlier this year that as part of Skype’s 2010 initial public offering, it would consider bids that offered an “attractive valuation”.

The group of investors, which includes venture capital firms Andreessen Horowitz, Index Ventures and the Canada Pension Plan Investment Board, has purchased approximately 65% of the company.