Thursday, May 5, 2011

Skype is tempting to web giants Google and Facebook deal

BACK the intersection between big business and the world of social networking. On the day when the social network arrives in China Renren Wall Street picking up nearly $ 750 million from investors, they share a surprise negotiations for the sale of Skype. The news was reported from across the Atlantic and is twofold: to contend for control of the company popular with Web users because it allows the possibility of free phone calls are actually the two giants of the Internet world: Google and Facebook.

Financial sources close to the negotiations, confirmed that the two companies have entered into negotiations in parallel, a knowledge of the other, to detect a majority of Skype (about 70% of the shares) when in the hands of a group of investors individuals (including a Canadian pension fund) who had taken over by eBay in 2005 for $ 1.9 billion.

In fact, the owners of Skype are considering what to agree to more of the sale to the highest bidder between Google and Facebook and the listing of companies on the Stock Exchange. It has long been, in fact, that the consultants are working on the telephone provider for landing on Wall Street, with a rating ranging between $ 3 and $ 4 billion.

Google and Facebook declined to comment on the report so as not to fuel the boom skillfully organized from the top of Skype. But there is no doubt that it can only change hands at a glance: despite its 124 million visitors per month, Skype's profitability - because of the generosity of its services - is very limited and advertising has never taken off.

For this reason, the next phase of growth can only go through an industrial alliance. Moreover, the time is financially beneficial. As demonstrated by the successful listing of Renren, which in Chinese means "man man" and it can therefore be translated as "everyone". The Chinese clone of Facebook, is the first social network to land on Wall Street, where he collected 743.4 million dollars, equivalent to 67 times the turnover of last year.

In practice, twice the valuation of Facebook by analysts, which is still 25 times the 2010 revenue (50 billion). That could encourage managers to speed up the Facebook listing, now scheduled for spring 2012. Moreover, if successful Renren, which boasts the highest number of page views in China and produces in one country about a quarter of Facebook users around the world (117 million versus 500) why should not it also the brainchild of Mark Zuckemberg?

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