Billions for Skype one of many changes in voice over Internet market
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What a difference a year and $2.6 billion (e 2.1 billion) makes. The renegade cool that once surrounded Skype Technologies SA at past gatherings of the Internet telephone industry has been replaced by mockery and awe at this week's VON show. Nearly every speech or conversation at the conference that opened Tuesday has turned at least briefly to last week's news that Skype, a free computer-to-computer phone service, is being acquired by Internet auctioneer eBay Inc. for an unfathomable sum in this upstart business. The $2.6 billion tag could reach $4.1 billion (e 3.4 billion) depending on Skype's performance.
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