Monday, September 12, 2005
Mark Evans raises the valid question at the end of his post: what is Niklas doing now? Maybe some answers will be given next week at his presentation at the Fall VON 2005 in Boston.
Or will Skype now be auctioned via eBay? ;-)
See Skype Journal:
Deal done. Retail VOIP in the offing? Views later.
eBay has agreed to acquire Luxembourg-based Skype Technologies SA, the global Internet communications company, for approximately $2.6 billion in up-front cash and eBay stock, plus potential performance-based consideration.
Skype generated approximately $7 million in revenues in 2004, and the company anticipates that it will generate an estimated $60 million in revenues in 2005 and more than $200 million in 2006. For Q4-05, eBay expects the acquisition to be dilutive to pro forma and GAAP earnings per share by $0.01 and $0.04 respectively. For the full year 2006, eBay expects the transaction to be dilutive to pro forma and GAAP earnings per share by $0.04 and $0.12 respectively, with breakeven on a pro forma basis expected in the fourth quarter of 2006. On a long-term basis, eBay expects Skype operating margins could be in the range of 20% to 25%.
The acquisition is subject to various closing conditions and is expected to close in the fourth quarter of 2005.
eBay will host an investor conference call to discuss the announcement at 5 am Pacific Time today. A live webcast of the conference call can be accessed through the eBay's Investor Relations website at http://investor.ebay.com. An archive of the webcast will be accessible through the same link.
I think that this are all great questions and thoughts. However, we might all be fooled by totally different applications turning up besides telephony.
Just think about all the credentials and trust that was built-up by innocent skype/phone users over the time.
... this might end up in totally different business besides speech- and video-streams. just think about other immaterial goods such as news and other content that needs encrypted transmission and trust ;-)