eBay buys Skype

Peter Rojas
P. Rojas|09.12.05

Sponsored Links

Peter Rojas
September 12, 2005 7:31 AM
eBay buys Skype image
eBay buys Skype image
skype

Yup, it's happened: eBay just bought Skype. The price? An astoundingly ridiculous $1.3 billion in cash and 32.4 million shares of eBay stock for a company which expects to make only $60 million dollars this year. But, hey, it's eBay's money to spend as it pleases, and in the press release they describe their plans to begin integrating Skype into eBay auctions in order to "streamline and improve communications between buyers and sellers" as well as their intent to combine Skype with PayPal to "pursue entirely new lines of business" that would monetize "ecommerce communications" on a "pay-per-call basis." Rockin', we guess.

[Thanks to everyone who sent this one in]

All products recommended by Engadget are selected by our editorial team, independent of our parent company. Some of our stories include affiliate links. If you buy something through one of these links, we may earn an affiliate commission. All prices are correct at the time of publishing.