09/08/2005

Technology News: Business : News Corp. Reportedly Had Takeover Talks With Skype

Technology News: Business : News Corp. Reportedly Had Takeover Talks With Skype

Would Skype make a good acquistion for News Corp? What wouldn't make a good acquisition for News Corp is more to the point. News Corp want consumers, they're moving into the Internet space rapidly and have ploughed money into various net ventures. It's estimated that they were going to spend $3bn. Skype has little revenue (though customers are purchasing add-ons such as SkypeIn/Out and Voicemail), but it's the 47m users that must attract News Corp.

Though talks have broken down, it's likely Skype will find a buyer.
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