Wednesday, April 2, 2008

Google acquires Skype.

This is the rumour coming to the market today. Actually this would be win win situation for both companies. Ebay (EBAY) struggled with huge writedown due to Skype. This service really doesn't fit to eBay portfolio. The idea of easy communication between sellers and buyers during auctions seemed a bit far-fetched.

On the other side Google (GOOG) has wide experience with all social networking applications and communication services. Skype could be another useful tool with easy integration to current Google services.

Ebay bought Skype in for $4.1 bln and speculation sell price varies $4-6 bln.
2 weeks ago share price was at 15 times cash flow which was extremely cheap. Recently Ebay performs very well and it is among the best in Nasdaq 100. Any other speculations or rumours could fuelled price in future.

Comments

1 Response to "Google acquires Skype."

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