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.
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By Karim Pedersen, ComON. Translated for Skype Journal by Torben Nyhuus, Aalborg, Denmark.
The Padborg (a Danish border town to Germany) company Dangaard Telecom has made a partnership agreement with Skype. The agreement means that Dangaard Telecom may distribute Skype related products like headsets and wireless phones in Europe, Middle East and Africa (EMEA).Dangaard Telecom is Europe's largest distributor of mobile/cellular phones and the agreement opens the possibillity that Skype’s software can be integrated into smart phones.
Furthermore Dangaard Telecom and Skype will start a push/campaign to sell the ip-telephony products on the net.
Dangaard Telecom employs 1400 people in 16 countries. $1.5 B US in revenues. Dangaard Telecom focuses on distribution and Logistics.
For Skype this means more marketing clout in Europe, the Middle East and Africa. For Skype users, better access to peripherals and support. Also watch for Dangaard to intoduce mobility products.
Skype is on the move, building relationships with portals around the globe and now with distributors.
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