
The website also reports the cost of acquisition will be around $2 billion and that Silver Lake Partners will foot the majority bill. The Andreeseen Horowitz fund can make single commitments of up to $50 million.
FAQs on SKYPE:
1. Josh Silverman is currently the CEO of the company..although its unclear whether he will continue to lead the firm post acquisition.
2. Skype reported revenues of $551 million last year and expects to touch a billion dollar revenue by 2011. Earlier, eBay, the current owner of the tech firm had said it will spin Skype into a separate company for listing purpose supposedly in 2010.
3. eBay had earlier acquired Skype in 2005 for $4.1 billion, although about $1 billion of that, an earnout, was never paid.
4. Skype is now in litigation with a company controlled by Skype's founding partners -- Niklas Zennstrom and Janus Friisover -- over the key VoIP technology.
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