Home Objective News Today WSJ: Microsoft to buy Skype for $7bn. Rest of world: for real?

WSJ: Microsoft to buy Skype for $7bn. Rest of world: for real?

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Just days after reports that Google and Facebook were interested in partnering with, and possibly buying VoIP company Skype, comes a claim from the Wall Street Journal that Microsoft is planning to buy the company for $ 7 billion, in a deal worth closer to $ 8 billion after Skype’s debts are considered. This mirrors an earlier rumor of a Microsoft-Skype deal published by GigaOm. An annoucement could be made as early as Tuesday.

Update: It’s now being confirmed by AllThingsD; a deal valued at around $ 8.5 billion, with a press release expected at 5 AM Pacific time.

Last year, Skype had revenue of $ 860 million on which it posted an operating profit of $ 264 million. However, it overall made a small loss, of $ 7 million, and had long-term debt of $ 686 million. A $ 7 billion purchase price would represent a huge premium over the $ 3-4 billion conjectured in the Facebook and Google deals.

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