Fierce

Skype launches $100 million IPO

Monday 9th August 2010 - 16:29

Fierce

With its software on the verge of being integrated into every device that could handle it, it looks like it's time to cash in. According to GigaOM and an S-1 filling with the SEC, Skype is seeking to raise $100 million through an initial public offering (IPO).

Skype has been making waves lately with its various mobile applications, deals with carriers and the open API that will seek to see Skype embedded on toasters far and wide. Now we can add one more wave to this Skype sea of news with the filing of their IPO. GigaOM writes that while most figured this move was coming, the IPO does seem to have come a little sooner than expected. The IPO will be handled by Goldman, Sachs & Co., J.P. Morgan, Morgan Stanley and a few other financial firms. When the IPO is completed, the company will trade on NASDAQ.

For more:
- read the GigaOM article

Related news:
Free 3G Skype calling a play to buddy up with carriers?
Skype vs. Fring: What does it mean for SkypeKit developers

Source: Fierce
More about: 3g
If you found this article interesting, please consider subscribing to our RSS feed, or becoming a member of biz-news to have future articles delivered to your feed reader or mailbox
Mike Dolan
Advertise with us and reach to an audience of thousands of High Tech professionals
Comments
Your Name *
Your Email *
Your email will not be disclosed anywhere
Antispam Control


Latest News