Mergers and acquisitions in September.
Ecommerce giant eBay paid $2.6 billion for Luxembourg-based Skype, promising a further $1.5 billion if performance targets are met. Skype was founded two years ago by the team behind KaZaA, which provided peer-to-peer filesharing software. Skype uses similar technology to enable free voice-over-Internet Protocol (VoIP) calls between users, charging for extra services like voicemail and landline Land based. Refers to standard telephone and data communications systems that use in-ground and telephone pole cables in contrast to wireless cellular and satellite services. calling.
Even though only 2 million of its 54 million users pay for such services and the company is yet to turn a profit, Skype had sparked interest from Yahoo!, Google and News Corp. This may account for the steep price eBay paid, but many analysts have questioned that valuation: "eBay could have developed its own sophisticated messaging and communications platform, or even bought one, for far less money than it is paying for Skype," says Ovum analyst Mark Main.
Microsoft also bought into the VoIP world, purchasing Teleo, a provider of VoIP software and services, at the end of August for an undisclosed fee. It will embed em·bed also im·bed
v. em·bed·ded, em·bed·ding, em·beds
1. To fix firmly in a surrounding mass: embed a post in concrete; fossils embedded in shale. Teleo's technology into consumer applications such as MSN Messenger Microsoft's instant messaging (IM) service, which provides text messaging and voice calling. Part of the MSN Network, MSN Messenger clients are available for non-XP versions of Windows, Mac, Pocket PC and MSN TV. For Windows XP, the IM client is Windows Messenger. .
Relative to the Skype deal, Hewlett-Packard (HP) picked up a bargain with its $425 million purchase of Peregrine, an asset management software company that recorded $191.1 million in revenues in 2004. Peregrine has slowly engineered its way back to health and respectablity after an accounting scandal forced it to file for bankruptcy protection in 2003. The buy will help HP stand up to asset management giants CA and IBM (International Business Machines Corporation, Armonk, NY, www.ibm.com) The world's largest computer company. IBM's product lines include the S/390 mainframes (zSeries), AS/400 midrange business systems (iSeries), RS/6000 workstations and servers (pSeries), Intel-based servers (xSeries) . However, analyst group Gartner warns customers that product overlap means HP is unlikely to maintain both its existing asset management offering and the acquired one.
HP also purchased privately held AppIQ for $270 million. Although the four-year-old storage resource management vendor has never reported profitability, AppIQ will bolster This article is about the pillow called a bolster. For other meanings of the word "bolster", see bolster (disambiguation).
A bolster (etymology: Middle English, derived from Old English, and before that the Germanic word bulgstraz HP's presence in the storage software market and may provide valuable OEM (Original Equipment Manufacturer) The rebranding of equipment and selling it. The term initially referred to the company that made the products (the "original" manufacturer), but eventually became widely used to refer to the organization that buys the products and deals with Engenio and SGI (SGI, Sunnyvale, CA, www.sgi.com) A manufacturer of workstations and servers, founded in 1982 by Jim Clark. The company was founded as Silicon Graphics, Inc., but changed to its acronym in 1999. .