Internet communications company Skype today announced plans to go public with the sale of shares at an estimated value of up to $100m.
The Luxembourg-based firm filed a request to sell an unspecified number of American depository shares on the Nasdaq exchange in an initial public offering. It did not say when its shares would be floated or at what price.
Online auction giant eBay late last year sold Skype for some $2 billion to an investment group that includes the two founders of the web communications company.
Skype has generated some $406m of net revenues in the first half of 2010 and counted 560 million registered users.
The firm, which has its headquarters in Luxembourg, bypasses the standard telephone network by channeling voice and video calls over the Internet. It allows users to call others free of charge and provides the ability to connect with land lines or mobile devices at low rates.
