Category Archives: Tech

linkedin

  LinkedIn.com has sold almost 8 million shares @ $45 each raising almost $353 million in cash. This was their initial U.S Public Offering and shares sold at the top end of the estimate.     62% of the stock sold is owned by LinkedIn, the remainder is owned by venture capital branch  McGraw- Hill Cos. and Goldman Sachs Group. The stock is officially publicly traded as from tomorrow on the New York Stock Exchange [...]

skype

Microsoft has agreed terms on what is set to be their biggest ever deal. A whopping $8.5 million for VOIM/VOIP operator Skype.     There were rumours that Google and Facebook were sniffing around and it’s unclear whether MS felt the need to go ahead and make sure of this deal. However from where I’m standing, the numbers just don’t add up.   This was an all cash deal, no stocks or shares packages. Skype [...]

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