VoIP provider Skype has filed for an initial public offering (IPO) in the US, according to reports.
Reuters reports that the Luxembourg-based company hopes to raise $100m (£62m) through an initial offering of American Depositary Shares. The filing did not specify when the shares would go on sale or what price they would be, Reuters said.
Skype claims that during the first half of this year the company’s 560 million registered users logged 95 billion minutes of voice and video calls over the Internet.
Skype was founded by Niklas Zennström and Janus Friis in 2003 and was acquired by online auction giant eBay for around $2.6bn in 2005. Ebay then sold a majority stake in Skype to a group of investors in November 2009.
Skype’s revenue for the first half of the year rose 25% to $406.2m compared to a year ago. Shares in eBay rose 2.6% during early trading on the Nasdaq today.
Content from our partners
