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12 September 2005

eBay Bought Skype

Ebay today announced that it will purchase VoIP company Skype in a deal valued between $2.6 and $4.1 billion. The acquisition will allow the online auction leader to access Skype's 54 million users and further diversify its revenue streams with Skype's VoIP services - while free PC-to-PC-based calls will continue to be offered.