eBay Acquires Skype

Skype, the Voice over IP (VoIP) company, will be sold to eBay for approximately $2.6 billion. Skype's software provides a telephone system over the Internet, with free calls between Skype users and low rates for calling fixed and mobile phones. eBay intends to make voice communications a part of the eBay marketplace, making transactions faster and easier and encouraging interaction between users.

Tagged: eBay News
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