E-commerce giant eBay has settled its long-running legal feud with the founders of Skype, clearing the way for a $2-billion sale of the internet telephony pioneer, the company announced Friday.
Under the terms of the settlement, Skype founders Niklas Zennstrom and Janus Friis will get a 14 percent stake in the consortium buying Sykpe from eBay in return for an undisclosed cash investment and the withdrawal of their lawsuits.
Private-equity firm Silver Lake, venture capital firm Andreessen Horowitz and the Canada Pension Plan Investment Board will together own 56 percent of Skype, while eBay will retain 30 percent.
Zennstrom and Friis will also contribute Joltid software that is critical to the operation of Skype.
The pair had sued eBay for allegedly violating terms of a licensing agreement of Joltid, which they retained when they sold Skype to eBay in 2005 for about $2.6 billion in cash and stock.
"Skype will be well positioned to move forward under new owners with ownership and control over its core technology," said eBay chief executive John Donahoe in a statement. "We look forward to closing the deal and focusing on growing our core e-commerce and payments businesses."
Showing posts with label ebay. Show all posts
Showing posts with label ebay. Show all posts
Saturday, November 7, 2009
Thursday, October 8, 2009
eBay India launches Global EasyBuy
Encashing on its growing popularity, leading e-commerce portal eBay India today announced the launch of Global EasyBuy, an international online shopping destination, providing Indian shoppers access to an unprecedented 18 million products.
The Rs 9,000 crore e-commerce in India, growing at a pace of 35 per cent annually, is looking ahead for a dynamic future with the 400 million middle income people seeking new avenues for shopping experience, EBay India marketing Director Kashyap Vadapalli told newsmen here.
The Rs 9,000 crore e-commerce in India, growing at a pace of 35 per cent annually, is looking ahead for a dynamic future with the 400 million middle income people seeking new avenues for shopping experience, EBay India marketing Director Kashyap Vadapalli told newsmen here.
Friday, April 4, 2008
People say Google will buy Skype and Expedia and, and, ....
If you believe the rumor mill, Google is on the verge of gobbling both Skype and Expedia.
On Tuesday, Michael TechCrunch Arrington decided that the world's largest search engine had an eye on Skype - which hasn't exactly meshed with eBay - and apparently, this was not an April Fools joke.
"Something big is brewing between Google and Ebay’s Skype, we’ve heard from multiple sources," Arrington wrote. "For weeks now there have been low level rumors of the two companies talking, but nailing down any details was difficult. New information, however, suggests that they are in current talks and that a partnership or outright acquisition may be announced in the near future."
Of course, Arrington is not always right about such things.
Meanwhile, Reuters is reporting that Google has an eye on Expedia, America's largest online travel site, citing some financial research outfit. This financial outfit cited "unsubstantiated rumors."
This is the same Reuters that recently told the world Google was interested in buying CNET, citing another financial research outfit. This financial outfit also cited "rumors."
When we contacted Google, they said "Google does not comment on rumor or speculation."
We report all this only to see if someone will read it and report it again.
On Tuesday, Michael TechCrunch Arrington decided that the world's largest search engine had an eye on Skype - which hasn't exactly meshed with eBay - and apparently, this was not an April Fools joke.
"Something big is brewing between Google and Ebay’s Skype, we’ve heard from multiple sources," Arrington wrote. "For weeks now there have been low level rumors of the two companies talking, but nailing down any details was difficult. New information, however, suggests that they are in current talks and that a partnership or outright acquisition may be announced in the near future."
Of course, Arrington is not always right about such things.
Meanwhile, Reuters is reporting that Google has an eye on Expedia, America's largest online travel site, citing some financial research outfit. This financial outfit cited "unsubstantiated rumors."
This is the same Reuters that recently told the world Google was interested in buying CNET, citing another financial research outfit. This financial outfit also cited "rumors."
When we contacted Google, they said "Google does not comment on rumor or speculation."
We report all this only to see if someone will read it and report it again.
Wednesday, February 6, 2008
eBay India celebrates Valentine's Day Fever!
Every Valentine’s Day, the pressure mounts for you to find the perfect gift for your Valentine. Demonstrate the degree of your love, affection and commitment for your loved one with a little help from cupid aka. eBay India. Log on to eBay India (http://www.ebay.in/), India’s leading online marketplace, to find the right gift for you to Thrill, Flatter or Pamper your Valentine.
Through a wide range of options, eBay India has put together some unique gifting ideas to help you woo your Valentine!
Pamper your Valentine and make her feel like a queen
This Valentine’s Day, surprise your mate by taking off for the ideal romantic vacation to New York or anywhere in India…all starting at just Re.1. All you have to do is bid online (www.ebay.in/Valentine) for these Jet Airways tickets. The proceeds of this charity auction benefits American Alumni Association, an NGO working towards the cause of educational scholarships for deserving students. You could also choose to pamper your valentine with Diamonds@1 Paisa, a favorite fragrance or Digital photo frames to display the treasure memories of your romance!
Flatter your Valentine with personalised goodies to make her smile
Make the day about your Valentine and memories and nothing else! Gift a customized T Shirt with your name on it or a silver pendant with your partners name engraved on it. You could choose from an attractive coffee mug of your Valentine’s star sign or even personalized calendars for your photographs! If you’re the die-hard romantic, all you need to buy for a paradise at home are a private screening of romantic DVD’s / VCD’s of your choice all from eBay India.
Thrill your Valentine with traditional gifts that never fail
If your middle name is Mr. Conventional, you can choose from a wide range of gifting options for your Valentine. Select a gift for your Valentine from a lovely bouquet of fragrant flowers, to delicious chocolates to interesting gift hampers to cuddly soft toys and scented candles.
Log on to www.ebay.in/valentine and let cupid strike love!
About eBay India
eBay India (http://www.ebay.in/) is India’s leading online marketplace. It is a unique and exciting marketplace with the largest person-to-person trading community in the country. eBay India is a trading platform offering auctions, fixed price and classifieds modes of person-to-person trading. eBay India has 2 million registered users from 670 cities in India. eBay India (formerly Baazee.com) is a 100% subsidiary of eBay Inc. The popular categories on eBay India include technology, lifestyle, media and collectibles. Thousands of sellers sell on eBay India daily across 2,000 categories of products.
About eBay
Founded in 1995, eBay created a powerful platform for the sale of goods and services by a passionate community of individuals and businesses. On any given day, there are millions of items across thousands of categories for sale on eBay. eBay enables trade on a local, national and international basis with customized sites in markets around the world. Through an array of services, such as its payment solution provider PayPal, eBay is enabling global eCommerce for an ever-growing online community.
Through a wide range of options, eBay India has put together some unique gifting ideas to help you woo your Valentine!
Pamper your Valentine and make her feel like a queen
This Valentine’s Day, surprise your mate by taking off for the ideal romantic vacation to New York or anywhere in India…all starting at just Re.1. All you have to do is bid online (www.ebay.in/Valentine) for these Jet Airways tickets. The proceeds of this charity auction benefits American Alumni Association, an NGO working towards the cause of educational scholarships for deserving students. You could also choose to pamper your valentine with Diamonds@1 Paisa, a favorite fragrance or Digital photo frames to display the treasure memories of your romance!
Flatter your Valentine with personalised goodies to make her smile
Make the day about your Valentine and memories and nothing else! Gift a customized T Shirt with your name on it or a silver pendant with your partners name engraved on it. You could choose from an attractive coffee mug of your Valentine’s star sign or even personalized calendars for your photographs! If you’re the die-hard romantic, all you need to buy for a paradise at home are a private screening of romantic DVD’s / VCD’s of your choice all from eBay India.
Thrill your Valentine with traditional gifts that never fail
If your middle name is Mr. Conventional, you can choose from a wide range of gifting options for your Valentine. Select a gift for your Valentine from a lovely bouquet of fragrant flowers, to delicious chocolates to interesting gift hampers to cuddly soft toys and scented candles.
Log on to www.ebay.in/valentine and let cupid strike love!
About eBay India
eBay India (http://www.ebay.in/) is India’s leading online marketplace. It is a unique and exciting marketplace with the largest person-to-person trading community in the country. eBay India is a trading platform offering auctions, fixed price and classifieds modes of person-to-person trading. eBay India has 2 million registered users from 670 cities in India. eBay India (formerly Baazee.com) is a 100% subsidiary of eBay Inc. The popular categories on eBay India include technology, lifestyle, media and collectibles. Thousands of sellers sell on eBay India daily across 2,000 categories of products.
About eBay
Founded in 1995, eBay created a powerful platform for the sale of goods and services by a passionate community of individuals and businesses. On any given day, there are millions of items across thousands of categories for sale on eBay. eBay enables trade on a local, national and international basis with customized sites in markets around the world. Through an array of services, such as its payment solution provider PayPal, eBay is enabling global eCommerce for an ever-growing online community.
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