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Ebay buys Skype
I thought the dot com bubble had burst until ebay bought Skype for a frothy $2.6 billion. For our American readers who haven’t heard of the company, Skype provides downloadable software to make voice communications over the internet. Although computer-to-computer calls are free, international computer-to-phone calls (SkypeOut) cost in the range of two cents per minute. In addition, the company sells voice mail and “SkypeIn”, a service that allows users to receive calls though a personalized phone number via their internet service provider.
Amazingly, Skype has amassed more than 54 million customers in an industry that Google and Microsoft are still scrambling to figure out. And, with Skype's projected revenue of $60 million this year it looks like Ebay bought much more than a promise (this is no "dot com").
So, do you Skype?
Posted by tim at September 24, 2005 7:51 AM
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