Slashdot Mirror

← Back to Stories (view on slashdot.org)

EBay Acquiring VeriSign Processing for $370 Million

Posted by ScuttleMonkey on from the spending-money-to-justify-spending-more dept.

Forum124 was one of the first in a wave of readers to tell us that eBay is acquiring VeriSign's payment processing business for US$370 million. VeriSign will be merged with PayPal and is estimated to generate a 20 percent operating margin which eBay hopes to help offset the recently reported high purchase price of Skype.

0 of 123 comments (clear)

No comments match the current filter.