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Skype being sold by eBay, according to report

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EBay plans to announce a deal today to sell its Skype internet calling division to a group of private investors, according to New York Times reports. The deal is likely to involve Andreessen Horowitz, a new venture capital firm headed by the Netscape co-founder Marc Andreessen; Index Ventures, a London-based venture capital firm that was an early investor in Skype; and the private equity firm Silver Lake Partners. The company has said it wants about $2 billion for Skype, which will likely take in more than $600 million in revenue this year. Ebay acquired Skype in 2005 for a total of $3.1 billion, outbidding Google and Yahoo, in what’s viewed as one of the worst deals in technology in the last decade because of the phone service’s poor fit with eBay’s e-commerce operations. Efforts to sell it since have been mired in legal battles with Skype founders Niklas Zennstrom and Janus Friis over the technology used in the service.

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