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eBay Completes Acquisition of Skype

eBay Completes Acquisition of Skype

San Jose, Calif., October 14, 2005 eBay (Nasdaq: EBAY; www.ebay.com) today completed its previously announced acquisition of Skype, the global Internet communications company. In accordance with the terms of the acquisition agreement as announced on September 12, 2005, eBay acquired all of the outstanding shares of privately-held Skype for a total up-front consideration of approximately 2.1 billion, or approximately $2.5 billion, plus potential performance-based consideration. The up-front consideration is comprised of approximately $1.3 billion in cash and the value of 32.8 million shares of eBay stock, which are subject to certain restrictions on resale.
The maximum amount potentially payable under the performance-based earn-out is approximately 1.2 billion, or approximately $1.4 billion, and would be payable in cash or eBay stock, at eBay's discretion, with expected payment to occur in 2008 and/or 2009. Skype shareholders were offered the choice between several consideration options for their shares. Shareholders representing approximately 42% of the Skype shares ultimately chose to receive a single payment in cash and eBay stock at the close of the transaction. Shareholders representing the remaining approximate 58% of the Skype shares chose to receive a reduced up-front payment in cash and eBay stock at the close plus potential future earn-out payments which are based on performance-based goals for active users, gross profit and revenue.

Bad Credit Credit Creditres The above-mentioned dollar amounts are approximate, based on an October 12, 2005 exchange rate of 1 to $1.20.

Skype is an application you can download and install on your computer. eBay members can then connect using instant messaging (chat) or voice (call) capabilities over the Internet from their computer. To add Skype to your listings, you download and install the Skype application. After you create a Skype name, you can link that Skype name to your eBay account in your preferences. When you create a new listing, you can then add your Skype name to your listing.

Bad Consolidation Credit Debt As previously indicated, eBay expects the acquisition to be dilutive to its Q4-05 pro forma and GAAP earnings per share by $0.01 and $0.04 respectively. For the full year 2006, eBay expects the transaction to be dilutive to pro forma and GAAP earnings per share by $0.04 and $0.12 respectively, with breakeven on a pro forma basis expected in the fourth quarter of 2006.

  • You must be a registered eBay member to ask the seller a question. If you are not yet registered, you can complete eBays registration form.
  • Sellers may have Skype buttons on their listings. Skype, an eBay company, is an application installed on your computer. You can download and install Skype, and then use Skype to quickly chat with or call the seller with your questions. about Skype.

Bad Company Credit Repair Pro forma earnings per share represents GAAP earnings per share adjusted to exclude certain items, primarily stock based compensation expense, amortization of acquired intangibles and income taxes related to these items.

  • You must be a registered eBay member to ask the seller a question. If you are not yet registered, you can complete eBaya s registration form.
  • Sellers may have Skype buttons on their listings. Skype, an eBay company, is an application installed on your computer. You can download and install Skype, and then use Skype to quickly chat with or call the seller with your questions. about Skype.

Bad Card Credit Credit About eBay Inc.

If you dont have Skype, download it now. After you create a Skype name, you can link your Skype account to your eBay account, and then add Skype to your listings. Also, you can edit your Skype preferences in My eBay Preferences.

Bad Car Credit Loan Founded in 1995, eBay pioneers communities built on commerce, sustained by trust, and inspired by opportunity. eBay enables ecommerce on a local, national and international basis with an array of websites including the eBay Marketplace, PayPal, Kijiji, Rent.com and Shopping.com that bring together millions of buyers and sellers every day.

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Bad Credit Loan Mortgage About Skype Technologies SA

Auto Bad Credit Loan Skype, the Global Internet Communications Company, allows people everywhere to make free, unlimited, superior quality voice calls via its award-winning innovative peer-to-peer software for Windows, Linux, Mac OS X, and Pocket PC platforms. Skype is available in 27 languages and is the fastest growing voice communications offering worldwide. Since its launch in August 2003, Skype has been downloaded more than 182 million times in 225 countries and territories. 59 million people are registered to use Skype's free services, with more than 3 million people using Skype simultaneously at any one time. Skype earns revenue through its premium service offerings, and has a growing network of global affiliates, and a community of developers working with the Skype APIs. Skype Technologies SA is headquartered in Luxembourg and has offices in London and Estonia. www.skype.com>www.skype.com

Bad Credit Mortgage Refinance Forward-Looking Statements

Bad Credit Refinance This announcement contains forward-looking statements regarding Skype and the expected impact of the acquisition of Skype on eBay's financial results. Those statements involve risks and uncertainties, and actual results could differ materially from those discussed. Factors that could cause or contribute to such differences include, but are not limited to, the reaction of the users of Skype's services, the future growth of Skype's user base and public acceptance of Internet voice communication services, rapid technological changes in the Internet voice communications sector, the reaction of competitors to the transaction, global developments in the regulation of Internet voice communication services including those provided by Skype, the possibility that integration of Skype's offerings following the transaction may be more difficult than expected, and the possibility that entry by Skype and eBay into potential new lines of business will not be successful. More information about potential factors which could affect eBay's business and financial results is included in eBay's Annual Report on Form 10-K for the year ended December 31, 2004, the company's Quarterly Reports on Form 10-Q, and current reports on Form 8-K. All forward-looking statements are based on information available to eBay on the date hereof, and eBay assumes no obligation to update such statements.

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