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8/9/2005

Skype Downplays Takeover Talk

08/9/2005 | Filed under: eBusiness — site admin @ 7:00 pm

Media giant News Corp reportedly floated a $3 billion acquisition bid for the popular VoIP developer Skype.

The U.K.-based news site The Independent, citing well-placed sources, reported talks broke down between the two companies last month.

Whether Skype is talking to companies, News Corp. included, about a possible acquisition remains open to speculation.

I will neither confirm nor deny any talks with the company in question except to confirm that Skype is not for sale, Kelly Larabee, a Skype spokeswoman, told internetnews.com. We do and will always formally announce completed deals.

It will be interesting to see how this plays out, Skype is defintely a hot item at present and no doubt is of interest to many…the growth potential is seen as enormous.

This interesting story continues at internetnews.com