| EBay will sell Skype to private investors: report |
| News - Business News | |
| Tuesday, 01 September 2009 13:51 | |
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Internet auction giant eBay /quotes/comstock/15*!ebay/quotes/nls/ebay (EBAY 22.14, -0.32, -1.42%) on Tuesday will announce a deal to sell its Skype Internet unit to a group of private investors, according to a report in the New York Times, which cited two people briefed on the company's plans. The newspaper said a price was not disclosed, but eBay has said it wants around $2 billion for Skype, which is set to make more than $600 million in revenue this year. The investment group is likely to include Andreessen Horowitz, while Index Ventures, a London-based venture capital firm that was an early investor in Skype, and the private equity firm Silver Lake Partners were also involved.
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