eBay has been busy announcing changes and fueling speculation around others. According to the WSJ the online
marketplace is going back to its roots as an “internet flea market” , as well as moving away from the retail model that Amazon owns and concentrating more on PayPal. Lots of stuff going on during the post Meg Whitman era, huh?
Along with all of this the rumor mill firing up again about what will happen to Skype. BusinessWeek reports that there was more focus than usual at the annual meeting yesterday on Skype’s place in the eBay fold. Considering the fact that just about everything else is up in the air other than the original core business model this is no surprise. It is not the first time that there has been talk about the possible sale of Skype either.
Turns out the Net phone calling software pioneer enjoyed 20% net income last year, on $550 million in sales in 2008. And unit chief Josh Silverman says the plan is to double sales in the next three years, while maintaining those profits.
Aggressive talk that serves to make one wonder if the Skype division is preening to attract suitors. Talk about more corporate sales and more of a concentration on mobile usage surfaced as well. Most interesting is the talk about putting more effort into Skype’s paid services. I honestly have never considered moving beyond the free services myself.
Back in 2005 ebay bought Skype for $2.5 billion (with a b) and they simply have not seen the return and synergies that were anticipated. CEO John Donohue even went so far to say that “We were wrong” on the projected impact and value.
The bottom line is that the language was carefully constructed to make the point that there is nothing stopping a sale of Skype. You have to suspect that offers would be entertained. Who would be the best fit for this opportunity? Is it even an opportunity or would another buyer run into the same trouble that eBay did? Put your opinion up for bid and we’ll see if anyone is buying.
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gash Says:
March 12th, 2009 at 1:53 pm
skype RLZZZ !!!
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Derrick Mathis Says:
March 12th, 2009 at 2:05 pm
Skype won’t be sold for awhile. There’s a class action in progress against it in the state of Washington for taking customers expired credits after 108-days of account inactivity. Ebay can’t sell it until that case is resolved. It just got filed last Dec.
Another class action is brewing up in California for the same thing:
http://www.kbklawfirm.com/skype/
wholinks2you Says:
March 12th, 2009 at 3:10 pm
i like skype very much
SkypeUser Says:
March 12th, 2009 at 4:27 pm
Google should buy Skype. Won’t Happen. But that’s what I would like to see happen.
Skype Could Be For Sell, Would You Buy? - News: Everything-e Says:
March 13th, 2009 at 8:51 am
[...] Comments [...]
Dennis Edell Says:
March 13th, 2009 at 11:35 am
Haven’t they been trying to sell it since like a month after they bought it?
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Diamonds Says:
March 13th, 2009 at 4:48 pm
Skype is a good service but most people don’t use it, why? They just haven’t made it into a complete tool like what Macromedia did. You need to be able to create meetings and conference call with a bunch of people easily, whiteboards, etc… They need to make this usable enough for companies to hold their meetings online.
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Listorbit Says:
March 19th, 2009 at 12:59 am
Ya i think if nothing will happen from Google s end then definitely Google will buy skype.
But not that easy.
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