Other analysts speculate that the announcement of a public offering has another motive: It’s acting as a for-sale sign for Skype, hoping to get some Internet giants in on the bidding. Head of design for Microsofts Skype consumer division, overseeing end-to-end consumer experiences across mobile, desktop, TV and web clients as well as. News emerged this weekend that Skype’s founders, Scandinavian entrepreneurs Niklas Zennstrom and Janus Friis, had tried to buy back the business but could not raise enough money.
MSOs with their own credit concerns are undoubtedly keeping close watch on UK cable. But until today EBay hadn’t announced any formal plans to separate them. Or, the bankers could always just start a Skype auction on Ebay. Senior executives have admitted recently that EBay and Skype don’t fit well together, and they indicated through several write-downs of the value of the deal that EBay realizes it overpaid. That’s part of the reason EBay’s stock is down 54% over the last year, compared with 29% for the Nasdaq composite index. ‘EBay has no synergies with Skype,’ said Jeffrey Lindsay, a senior analyst at Sanford Bernstein.ĮBay needs to focus on its core services as it loses ground to, Lindsay said. that buyers and sellers don’t want to talk to one another online.
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