Cisco makes bid for Skype - report

Nieuws Breedband Wereld 30 AUG 2010
Cisco makes bid for Skype - report
Cisco has made an offer to acquire Skype, TechCrunch reports citing an unnamed source familiar with the matter. While no price tag was mentioned, Cisco is expected to have bid at least USD 5 billion, Skype's estimated valuation for its upcoming IPO. Google was also rumored to be interested in Skype, but antitrust concerns may have persuaded it not to make an actual offer, according to TechCrunch. Skype, controlled by private equity firms, filed early this month for an IPO in the US.

Categories:

Internet

Companies:

Cisco UK,  Google,  Skype

Regions:

Wereld

Tags:

Unified communications, Shareholders & subsidiaries, M&A buyouts & divestments

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