EBay completes acquisition of Skype

Oct 17, 2005 10:00 AM
Filed under Communications

EBay has completed its acquisition of internet-based telephone services firm Skype, paying US$2.5 billion plus up to US$1.4 billion in potential performance-based consideration.

NEW YORK (Reuters) - EBay has completed its acquisition of internet-based telephone services firm Skype, paying US$2.5 billion plus up to US$1.4 billion in potential performance-based consideration.

The online auctioneer confirmed that it expects the deal to dilute its fourth-quarter 2005 earnings per share by 12 US cents.
 
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ebay, acquisition, skype, internet telephony, phone, net phone
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