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  • Can Skype Go Corporate?

    Upstart: Gamechangers Published: February 16, 2011 in Knowledge@Wharton converse face-to-face via a webcam. But the company, which is widely expected to launch an initial public offering in 2011, wants to move beyond helping travelers to stay in touch on the road or allowing a grandmother to “be there” for a grandchild’s birthday despite living thousands […]

    Upstart: Gamechangers

    Published: February 16, 2011 in Knowledge@Wharton converse face-to-face via a webcam. But the company, which is widely expected to launch an initial public offering in 2011, wants to move beyond helping travelers to stay in touch on the road or allowing a grandmother to “be there” for a grandchild’s birthday despite living thousands of miles away.

    Skype also wants to become a place where deals are made by CEOs and rank-and-file employees alike. Once seen as a renegade company that would give entrenched telecommunications providers a run for their money, Skype is now hoping to prevail in the business arena. Founded in 2003 by the developers of peer-to-peer file sharing software Kazaa, Skype was purchased by eBay in 2005. Three years later, the online auction giant sold a majority stake in Skype to an investor group.

    The move into the corporate communications sphere will take Skype into closer competition with companies such as Cisco Systems and other established business technology players. Indeed, since regaining its status as an independent company, Skype has continued to add new features and embed its service into devices such as televisions and smartphones. Last October, Tony Bates, who was most recently general manager of Cisco’s enterprise, commercial and small business unit, was tapped to become Skype’s CEO.

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    http://knowledge.wharton.upenn.edu/article.cfm?articleid=2717

    Upstart: Business and Management for 20-40 Year Old Professionals

    Filed Under: Tech/E-Commerce

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