Monday, July 26, 2010

Now Skype wants to go corporate

BusinessWeek

Skype, which disrupted the telecommunications industry with free or low-cost calls routed over the Internet, is once again an independent company.

EBay bought the Estonian startup in 2005, but, after a strained relationship, sold most of its stake for $2 billion in November. Now the new owners, led by private equity firm Silver Lake, are imposing business rigor on the company and pushing it to grab a piece of the corporate telecommunications market.

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