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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.

3 of 123 comments (clear)

  1. Re:Uhhhh... by Anonymous Coward · · Score: -1, Troll

    Why stop there? It seems like Republicans don't even know the meaning of the word 'antitrust'.

    TimeMicroGooglezonburton?

  2. Before anyone else says it before anyone else... by Anonymous Coward · · Score: -1, Troll

    I, for one, welcome our eBay overlords. Go on, mod me +5 Funny, you know you want to. You could also mod me +5 2001 Quote. Or +5 Irrelevant Slashdot fodder. Or +5 Irrelevant (see, Slashdot, is). Or just go read a real story on a real site where a bunch of idiot wankers don't say things like "I, for one, welcome our eBay overlords!"

  3. Re:Verisign is teh suck by Anonymous Coward · · Score: -1, Troll

    Learn how to spell moron. VERISign Owns your Mom