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eBay Corporation (NASDAQ: EBAY; www.ebay.com) already agreed that purchases the headquarters located at Luxembourg\’s global Internet correspondence company Skype technology company (Skype Technologies SA), and will pay about 2,600,000,000 US dollars for this purchase including the cash and the eBay stock earlier period payment, in addition based on achievement latent later period reward.

This purchase will strengthen eBay the global market and pays the platform, simultaneously will develop several new services, and creates considerably, the new profit opportunity for the company. This transaction to Skype is also the important opportunity, will promote it in the network voice communication domain leading positions, and provides the brand-new mailing address for the world people in the global Internet time. Skype, eBay and PayPal will create an unequalled electronic commerce and the correspondence engine for the world buyer and the seller.

eBay president concurrently chief executive officer Meg · Whitman expressed that “the correspondence holds the unusual core status in the electronic commerce and the community. Through two electronic commerce leading company eBay and PayPal, with the Internet voice communication\’s leader\’s union, I believe we for on-line commercial creation especially formidable environment.”

From Niklas Zennström and Janus Friis Skype Corporation which organizes in 2002 for the world, can connect Internet\’s user person to provide the high grade voice communication. The Skype software easy to download, the installment, between any online Skype user can the non-registered call. The Skype over value service provides with the traditional fixed-line telephone and mobile phone\’s low cost connection. The Skype software has the formidable function, including pronunciation mailbox, immediate communication, call transfer and teleconference. Including the Skype video frequency, has expressive force tool like avatars (modelling demon), to be possible to use in Outlook and IE from defines the toolbar the innovation product soon to promote.

Skype is one of fastest growth network companies, already had 54,000,000 members in 225 countries and the area. Skype every day increases about 150,000 users now, had created a prosperous collection product, the service, the exploiter and allies the member was already a body\’s ecosystem. In any has its service country, Skype was considered that is the market leader. Only in North America, Skype has more customers compared to any other network pronunciation supplier and provides the more pronunciation time the service.

The Skype chief executive officer concurrently unites founder Niklas Zennström to express that “we establish a whole world biggest communication service to the Skype prospect, and through the revolutionary transformation, enables the people to realize the correspondence easily through the Internet. We thought that realizes this prospect well with eBay and the PayPal binding energy: Becomes Internet\’s sound.”

Skype united founder concurrently high-level strategy vice-president Janus Friis saying that “we appreciated eBay to create the global market the success and PayPal concentrate the simplification online payment pattern, cooperated together with eBay and PayPal, we felt we really might change the people to correspond, the purchase and in the way which on-line did business.”

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Zennström and the Friis position will maintain invariable, Zennström will report directly for eBay chief executive officer Whitman and joins the eBay senior management team.

A powerful electronic commerce and correspondence engine

On-line shopping\’s success is decided by many kinds of factors. Is similar to the payment and the transportation, the correspondence is in the entire flow essential part similarly. Once completes with eBay and the PayPal docking, Skype and improves the conformity communication between the buyer and seller\’s. The buyer will use one simple way, rapidly and the seller talked over the telephone the thing information which and gained them to buy, the seller can conveniently and the customer establish contact and finalizes a deal. Thus, Skype can speed up the eBay on-line transaction the speed, specially these need more communication classifications, for example second-hand vehicle, commercial and industrial equipment and high-end collector.

Through this purchase, eBay and Skype may develop the brand-new service. For example, present take finalized a deal except eBay and PayPal as the foundation charge, the electronic commerce correspondence may also implement the number of calls charge profit pattern through Skype. The number of calls charge will develop the electronic commerce the new classification, especially relies on regarding these the sales clue pattern industry, like and the enterprise provides the service for individual the industry, the traveling, the new car and the real estate industry. eBay other shopping website Shopping.com, Rent.com, Marktplaats.nl and Kijiji similarly from will profit with in the Skype conformity.

PayPal and Skype will also form the powerful union. For example, a PayPal wallet and each Skype account\’s union may cause the user to pay Skype easily the payment service, expands the PayPal account quantity and increases the payment amount.

In addition, Skype can help eBay and PayPal similarly develops the global market, just was starting the electronic commerce the market, like China, India and Russia, provide a more private hominization for the round turns the online mailing address, but in a these present eBay influence more limited market, like Japan, Scandinavia, the consumer may understand eBay and PayPal through Skype. Moreover, Skype can help the conformity transnational trade and the correspondence.

The Skype network user development is rapid, its service is to eBay and the PayPal platform supplement. Three company each one is growing strong, each new user and each new transaction organically bring a bigger repayment. At the same time three companies can also strengthen, promote each other\’s growth, increases three company wholes the value. Through the union, they can create the unequalled engine for global electronic commerce and the correspondence.

Transaction and financial information

eBay will use the altogether 2,100,000,000 euros, or is approximately equal to 2,600,000,000 US dollar earlier period payment purchase private enterprise Skype completely the existing stock, including pays 1,300,000,000 cashes and 32,400,000 eBay stocks. These stocks when resale will receive certain limit.

Based on the achievement latent later period reward\’s most substantial amount probably is 1,200,000,000 euros, or is approximately equal to 1,500,000,000 US dollars, either in 2009 will pay in 2008 by the eBay decision with the cash or the stock. The Skype shareholders receive several kinds to purchase its stock the payment plan. On behalf of probably the 40%Skype stock\’s shareholders choose when the transaction completes disposable obtains the cash and the eBay stock. Choose on behalf of the surplus 60%Skype stock\’s shareholders accept when the transaction completes obtains a part including the cash and the eBay stock earlier period payment, in addition acts according to the active user, the gross profit and the income achievement goal decision latent later period reward.

The fore-mentioned US dollar number and the eBay stock face value are the big divisors, a euro US dollar exchange rate and eBay the stock price obtains the same day according to September 9, 2005. The stock part\’s final value possibly because of the transaction conclusion when eBay stock price situation, but with above estimated that had the significant difference.

in 2004, the Skype income will probably be 7,000,000 US dollars, the company anticipated 2005 yearly incomes will amount to about 6000 ten thousand US dollars, in 2006 amounted to more than 200,000,000 US dollars. eBay anticipated that after this purchase will decrease 05 years in the fourth quarter estimate each adjustment, income 0.01 US dollar, and GAAP (general accounting system) each income 0.04 US dollar; Decreases in 2006 the whole year to estimate after each adjustment, income 0.04 US dollar, and GAAP each income\’s 0.12 US dollar, estimated after in 2006 in the fourth quarter adjusts, the trading profit achieves the profit and loss evenly two. Looking from the long-term angle, the eBay anticipated Skype business profit margin will be situated between 20% to 25% between.

This purchase will also be decided in each kind completes the condition, estimated that in the fourth quarter completes in 2005.