You are here: silicon.com > Networks > WebWatch

WebWatch

eBay coughs up $1.5bn for PayPal

$1.5bn? That price is so 1990s...

By editorial@silicon.com

Published: 8 July 2002 14:55 GMT

Auction site eBay is buying online payment firm PayPal for $1.5bn in stock.

The PayPal deal will provide eBay's customers with the facility to send and receive internet payments securely and cheaply, according to the auction site.

The all-share deal will see 0.39 eBay shares exchanged for each PayPal share.

The deal is still awaiting government and regulator approval.

By Brianne Llewellyn

  1. Zones
  2. Management
  3. Networks
  4. Software
  5. IT Services
  6. Hardware
  1. Verticals
  2. Public Sector
  3. Financial Services
  4. Retail & Leisure
Read and write about internet access at the airports of the world at atlarge.com. Rate airports, and see what others have to say...

Rob Bamforth Plenty of life ahead for RFID and NFC From waving your phone at shopkeepers to saving electrical workers' lives

Peter Cochrane Peter Cochrane's Blog: How the telcos could save themselves Doomed network operators could thrive with a bit of innovation


  • Jobs
C#/ASP.NET/SQL Server/Lead Web Developer. E Commerce. Leeds

Any experience of WPF/WCF, AJAX, LINC, SQL 2008: all of interest and will strengthen your application - as will exposure to stock management apps and ...

CRM Executive

Moneybookers enables any business or consumer to securely and cost-effectively send and receive payments online. Moneybookers is Europe's largest ...

eBay Trading Executive

Daily interaction with eBay Content Executive regarding the content of stock being handed over. Weekly meetings with Brand Operations Manager in ...

Agenda Setters 2009
Welcome to the ninth annual Agenda Setters poll – silicon.com's list of the top 50 most influential individuals in the technology and IT industries, from techies and CIOs to entrepreneurs and business leaders. Find out more in our latest special report.





Quick Sitemap Links: