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  • Skype sells to eBay for $4.1 Billion

    Michael Arrington

    J. Michael Arrington (born March 13, 1970 in Huntington Beach, California) is a serial entrepreneur and the founder of TechCrunch, a blog covering startups and technology news. Arrington attended Claremont McKenna College (BA Economics, 1992) and Stanford Law School (JD, 1995) and practiced as a corporate and securities lawyer at two law firms: O’Melveny & Myers and Wilson Sonsini Goodrich... → Learn More

    Monday, September 12th, 2005

    eBay announced the acquisition of Skype (previous profiles) for $4.1 billion today.

    $2.6 billion is being paid up front – half cash and half eBay shares. Another $1.5 billion will be paid in 2008 or later based on performance goals.

    Skype has 50 million registered users and about $7 million in revenue last year. This year’s revenue is projected to be $60 million.

    Jeff Clavier has an excellent early analysis of the deal.

    Tags: ,
    • http://djksar.wordpress.com Randy Ksar

      Economic downturn or poor management? I guess both could be factors. We’ll see how this affects the rest of the industry.

    • http://www.infotron.estore-ltd.com/2008/07/17/google-announces-q2-earnings-and-stock-plummets/ Google Announces Q2 Earnings And Stock Plummets

      [...] Continue reading at TechcrunchIT >> [...]

    • Meme

      What a load of hogwash. This was Google’s best Q ever. The fall is a result of analysts being wrong (again). Had the analysts erred in the other direction, the stock would have skyrocketed…

      Past experience shows that Google earns more in times of global crisis, e.g. after Sep 11 airliners spent more on Google ads. Since Google ads deliver better focused results expect more business in financial difficulty to spent more ad money with Google.

      At the moment, GOOG is a strong buy opportunity.

    • http://www.techcrunchit.com/ Nik Cubrilovic

      Meme: they are still a media company

    • http://jp.techcrunch.com/archives/20080717google-announces-q2-earnings-and-stock-plummets/ TechCrunch Japanese アーカイブ » [IT] Google、Q2の収益を発表し株価は急落

      [...] 詳細はTechCrunch ITの記事をご覧ください(英文) >> CrunchBase Information Google Information provided by CrunchBase [...]

    • http://smackdown.blogsblogsblogs.com/ Michael VanDeMar

      Actually, this was their second largest 1 day fall, afaik. Today is 2 days shy of the one year anniversary of them losing $46 in after hours trading.

    • http://www.techcrunchit.com/ Nik Cubrilovic

      Good point Michael – im going back to the charts for my wrap up post later today

    • http://itspot.wordpress.com/2008/07/17/earnings-microsoft-and-google-disappoint-while-ibm-soars/ Earnings: Microsoft and Google disappoint, while IBM soars « IT Spot

      [...] Google seems to be suffering from the sheer magnitude of its promise. The company grew revenue by 39 percent over 2007 to $5.37 billion, but Wall Street punished its [...]

    • http://www.darrenherman.com/2008/07/17/silicon-alleyvalley-time-to-lose-some-weight/ Darren Herman – Marketing, Advertising, Media and Technology Blog » Blog Archive » Silicon Alley/Valley: Time to Lose Some Weight

      [...] Om Malik posted on Why Silicon Valley Should be Worried which you should certainly check out.  Upon Google’s Q2 announcement today, the stock plummeted 12%. [...]

    • http://www.ojointernet.com/noticias/google-presenta-sus-resultados-del-segundo-trimestre/ Google presenta sus resultados del segundo trimestre

      [...] anunció ayer sus resultados del segundo trimestre después del cierre de los mercados. Las acciones han crecido menos del 12%, por debajo de las expectativas de los analistas. Los [...]

    • http://www.2webvideo.com/articles/video-sharing-options Video Sharing? What Else Than YouTube? | 2WebVideo | Video Blog

      [...] Incidentally, a not-up-to-the-mark YouTube earning couldn’t deter Google to continue posting astonishing results as the Q1/08 figures show even though the Q2 results look a tad disappointing. [...]

    • http://techcrunch.alfabetic.com/spanish/2008/07/17/google-anuncia-q2-plummets-ganancias-bursatiles-y/ Alfabetic » Blog Archive » Google anuncia ganancias en el segundro trimestre y la caída de sus acciones

      [...] Siga leyendo en TechcrunchIT>>. [...]

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