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Andreessen Horowitz Marc Andreessen

Buys Skype majority

19 Nov, 2009

Andreessen Horowitz and other investors acquire a majority stake in the Internet communications client Skype for $2.75 billion, an investment many consider risky. Andreessen has called Skype one of the most important companies on the Internet. Two years later, Microsoft will acquire Skype for $8.5 billion.