Technology and internet startups often seem to come out of nowhere with meteoric success only to be snapped up by larger companies looking to make a profit from new technology. This is the circle of life online and in the technology world.
Back in 2005, eBay purchased Skype for about $1.7 billion with then CEO Meg Whitman saying that eBay believed Skype would find an audience with eBay buyers and sellers. This failed to happen and current eBay CEO John Donahoe has said that Skype has no synergies with eBay reports
eWeek.
Donahoe said that eBay would do what was right for Skype and eBay -- many analysts took that statement as an indication that eBay may be interested in selling Skype. While eBay hasn’t officially stated that it is t
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