Ebays winning bid on Skype

by Ian Farmer | Sep 13, 2005 | Edtech | 0 comments

The press release is out, that EBAY has just purchased Skype for about US$2.6 billion in cash and stock.

What could EBAY want with a Voice over IP (VOIP) company?
Simple, EBAY is very much in the Consumer to Consumer space, and anything they can do to help consumers communicate with each other in a faster, cheaper and more organised way is right in their core business.

The world of consumers talking, trading, sharing ideas is really accelerating !

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