Tuesday, August 30, 2005

Skype Insists It Is Not For Sale; IPO Another Question

W. David Gardner writes in TechWeb News:

VoIP provider Skype Technologies is actively seeking to quell rumors that the company is for sale.

In an email exchange with TechWeb, a public relations representative for the company in the U.S, said flatly: “Skype is not for sale.”

The “for sale” rumors have been circulatinging in recent days along with the report that the Luxembourg-based firm has hired investment banking firm Morgan Stanley & Co. to examine its options including floating an IPO.

Skype did not comment beyond saying the firm is not for sale.

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