Tech firms pay big bucks to join VoIP list
View at Scotsman.com Business
The dotcom boom cut a swathe through conventional business wisdom, as venture capitalists threw caution to the wind and rushed to back any tech-head with a killer idea.
Last month, online auction group eBay - itself a dotcom survivor - agreed to pay a staggering £2.2 billion for Skype, a tiny, virtually-unknown company. But Why?
Industry experts estimate that the consumer VoIP market alone will be worth almost £9bn by the end of 2008, up from around £1.3bn at present. Skype, founded just two years ago, may fit the dotcom start-up stereotype, yet it is signing up 150,000 people a day and bringing in real cash.
The VoIP market is here and it is now.
The dotcom boom cut a swathe through conventional business wisdom, as venture capitalists threw caution to the wind and rushed to back any tech-head with a killer idea.
Last month, online auction group eBay - itself a dotcom survivor - agreed to pay a staggering £2.2 billion for Skype, a tiny, virtually-unknown company. But Why?
Industry experts estimate that the consumer VoIP market alone will be worth almost £9bn by the end of 2008, up from around £1.3bn at present. Skype, founded just two years ago, may fit the dotcom start-up stereotype, yet it is signing up 150,000 people a day and bringing in real cash.
The VoIP market is here and it is now.
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