11 Worst Tech Mergers and Acquisitions Ever

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10. eBay and Skype

Value: $2.60 billion

We all know that Skype is currently part of Microsoft Corporation (NASDAQ:MSFT), which paid $8.50 billion for it in 2011. What many don’t remember is that back in 2005, eBay Inc (NASDAQ:EBAY) spent $2.60 billion to acquire Skype in an attempt to improve communication between the users of its online auction platform. However, buyers and sellers on eBay Inc (NASDAQ:EBAY) didn’t want to use the voice-over-IP service, as e-mail was good enough for them. After four years of trying to make things work, eBay Inc (NASDAQ:EBAY) sold Skype to some private investors for $1.90 billion. Given the hefty price tag paid for it by Microsoft just a short time after, those investors definitely won big. No wonder this one finds its way to our list of worst tech mergers and acquisitions ever.

11 Worst Tech Mergers and Acquisitions Ever

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