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EBay to sell Skype to private investors: report.


Internet auction and services company EBay Inc has reached a deal to sell its online telephony unit Skype to a group of private investors, the New York New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
 Times said, citing two people briefed on its plans.<p>Andreessen Horowitz, a new venture capital firm headed by the Netscape co-founder Marc Andreessen, is likely to be among the investors in the group, the paper cited the people as saying.

London-based Index Ventures and Silver Lake Partners Silver Lake Partners is a notable American private equity firm founded in 1999 and headquartered on Sand Hill Road in Menlo Park, California. It focuses its activities in the information technology industry.  may also be involved in the deal, one of the people told the paper.

The paper added that the value of the deal, which is likely to be announced To be announced (TBA)

A contract for the purchase or sale of an MBS to be delivered at an agreed-upon future date but does not include a specified pool number and number of pools or precise amount to be delivered.
 later on Tuesday, had not been disclosed.

EBay spokesman Alan Marks declined to comment on the report.

In May, EBay Chief Executive John Donahoe said a valuation of $2 billion would be low for Skype.

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Publication:Financial Mirror (Cyprus)
Date:Sep 1, 2009
Words:153
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