Posted by: badarrow
barbara d, ebay, IT channel products and technologies, Skype, VARs
It’s been real but…eBay is ready to end its ill-fated marriage with VoIP pioneer Skype. The 2005 buyout–for just under $3 billion–is viewed as a disaster in terms of tech M&As with eBay writing off $900 million two years later. Almost on par with Time-Warner’s buyout of AOL. Here’s a handy-dandy Skype timeline.
One great thing about talking to VARs about all manner of things is that they often cut to the chase in a way that investment bankers and deal makers cannot. (Or do not.) VARs will call a spade a spade. They can puncture the myth of corporate “synergies” and shoot down the verbiage about paradigm shifts. Many tech deals never make sense to start with and end up making a lot less sense over time.
Ebay and Skype never made sense.
Check out the latest IT channel news at SearchITChannel.com.