Contradicting an earlier report in TechCrunch, sources tell Barron's
Tech
Trader Daily blog that Cisco is not considering an acquisition of Skype. Citing one of its "more reliable sources," TechCrunch on Monday reported that Cisco -- which has been on a extended
acquisition spree -- even made an offer to buy the popular VoIP service. "Skype insiders are hoping for an out of the gate valuation of $5 billion or so, we've heard," reported TechCrunch. However,
sources tell Tech Trader Daily: "There have been no talks between Cisco and Skype." According to TechCrunch, Google was rumored to be kicking Skype's tires, but antitrust concerns likely dissuaded the
search giant from making a formal offer.
Read the whole story at Tech Trader Daily »
