Skype to Seek $100M in IPO

8/9/10

Luxembourg-based Skype, formerly a subsidiary of eBay (NASDAQ: EBAY) in San Jose, CA, has filed S-1 registration papers with the Securities and Exchange Commission in preparation for an initial public offering. The company, in which eBay still holds a 35 percent stake, hopes to raise $100 million in the offering on the NASDAQ exchange. In 2009 an investment group including Andreessen Horowitz, Canada Pension Plan Investment Board, Index Ventures, and Silver Lake Partners bought a controlling share in Skype for $1.9 billion.

Wade Roush is a contributing editor at Xconomy. Follow @

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