eBay tried to grow its business with a $2.6 billion purchase of Skype
For a long time, eBay's purchase of Skype was on everyone's list of terrible acquisitions. To be sure, it didn't work for either company. But, Microsoft has now paid $8 billion for Skype, which eBay retained a 30% in, so it's not a total disaster.There's no debating that it was a big mistake. It was a drag on eBay, and it limited Skype. But, it's just not as big a mistake as it once was thanks to Microsoft buying Skype.
