Skype is about to name a new CEO,
TechCrunch is reporting. No word yet on who is taking over for current head Josh Silverman, but that
didn't stop the tech blog from reading into the would-be move. "Adding a new CEO at this time points more strongly in the direction of an IPO," TechCrunch writes.
The VoIP provider filed
to go public in August, but is also rumored to be considering an acquisition by Cisco and even Facebook. Averaging 124 million active users a month as of June -- though only 8.1 million of them were
paying - "Skype has the scale it needs to negotiate lower telecom connection fees around the world," according to TechCrunch. With a revenue run-rate of $800 million this year, Skype is reportedly on
pace to surpass $1 billion in revenues next year.
Read the whole story at TechCrunch »