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Facebook, Google rumored to be vying for Skype deal

(Reuters) – Facebook and Google Inc are separately considering a tie-up with Skype after the web video conferencing service delayed its initial public offering, two sources with direct knowledge of the discussions told Reuters .

Facebook Chief Executive Mark Zuckerberg has been involved in internal discussions about buying Skype, according to one of the sources. Another source said Facebook had reached out to the Luxembourg-based company about forming a joint venture.

Google has also held early talks for a joint venture with Skype, the second source said.

A Skype deal could be valued at $3 billion to $4 billion, the first source said. Skype’s IPO is expected to raise about $1 billion, several other sources said.

The discussions are in early stages, and it is not clear which option the companies favor, the first two sources said.

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Known in entertainment circles as "LA Dre", the Editor of The Heat Magazine works tirelessly to bring you the latest & greatest in entertainment news. He spent years in the industry & now brings some of that insider knowledge to his readers.
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