EBay Inc said on Thursday it had completed its sale of its Skype unit, as it had vowed to do before the end of the year.
A settlement reached earlier this month over pending litigation involving the web telephone services' founders, eBay and the buyers cleared the way for the sale . Some analysts had worried that the litigation could have derailed the deal.
The deal, which values Skype at $2.75 billion, gives eBay approximately $1.9 billion in cash and a note in the principal amount of $125 million, eBay said in a statement.
EBay, which operates its marketplaces business and also owns Web payment unit PayPal, retains an about 30 percent stake in Skype. As part of a Skype debt financing, eBay purchased senior debt securities with a face value of $50 million, it said.
The buyer of Skype is an investor group that includes private equity firm Silver Lake, Joltid Limited, investment firm Andreessen Horowitz and the Canada Pension Plan Investment Board.
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