How executive shuffles, product changes, and a delayed IPO paid off for a couple of private equity firms.
By Kevin Maney, contributor
FORTUNE -- In September 2009, Silver Lake Partners and venture firm Andreessen-Horowitz bought Skype from eBay, where it had become the Kurt Cobain of technology companies (wildly popular, deeply troubled). The value of that deal: $2.75 billion.
In May 2011 the new owners announced that they were selling the company to MORE
Jul 12, 2011 5:00 AM ET
Take a picture with Lytro's soon to come camera and change the focus to any spot, with the click of a mouse. The only question most photo geeks have is "how much?"
FORTUNE -- There's a new player in the camera market: Lytro, a Mountain View, Calif.-based startup with just 45 employees, is hoping to disrupt the industry with an innovative camera that lets users focus a picture after it's been MORE
Michal Lev-Ram, writer - Jun 22, 2011 10:28 AM ETThe company has been the ultimate under-the-radar survivor, changing hands, taking on debt, and preparing to go public, only to find a white knight in Microsoft.
By Dan Mitchell, contributor
FORTUNE -- Given the premium price Microsoft is paying for Skype, it's striking that the Internet phone company has spent so much of its short life being passed around like a cheap bottle of holiday wine. Also striking is the eye-popping level MORE
May 11, 2011 5:59 PM ET
The one company that wanted Skype: Microsoft. Can the service unite Microsoft's far flung empire and raise its tech profile?
FORTUNE -- You'll be hearing about video chat a lot more over the next few years thanks to Microsoft's headline-making $8.5 billion acquisition of the popular Internet telephony company Skype, which both companies confirmed in a joint announcement earlier today. It's the largest sum Microsoft (MSFT) has ever forked over for MORE
JP Mangalindan, Writer - May 10, 2011 3:06 PM ETVenture capitalists are hungrier than ever for next big startup, leading them to make some eye-popping investments -- which, for once, may be entirely justifiable.
By Aaron Levie, contributor
FORTUNE -- Having just closed a fourth round of funding, raising $48M from Andreessen Horowitz and other notable investors, I have the dubious distinction of having pitched Box more than a few dozen times on Sand Hill Road over the past five years. MORE
Apr 11, 2011 2:36 PM ET
Andreessen Horowitz and others send a big signal that web-based enterprise software startups are gaining clout with their latest investment.
Back in 2005, Aaron Levie and Dylan Smith were college dropouts with a collective $11,000 and a not-so-sexy startup idea for an online storage and collaboration service. Today, the entrepreneurial duo announced that their company, Box.net, has closed a whopping $48 million series D funding round.
The large investment is the latest sign MORE
Michal Lev-Ram, writer - Feb 24, 2011 12:19 PM ET
Best known for its consumer tech investments, the fund ventures into enterprise cloud computing.
Venture capital firm Andreessen Horowitz is best known for high-profile investments like Zynga, Foursquare and Skype. But the fund, headed by Netscape co-founder Marc Andreessen and his longtime business partner Ben Horowitz, is also betting big on business-to-business upstarts, and these days that means backing companies that enable or rely on cloud computing.
Last summer Andreessen Horowitz made MORE
Michal Lev-Ram, writer - Jan 28, 2011 9:24 AM ET
By Ben Horowitz, contributor
Cloud computing company Opsware was nobody's darling. Then founders Andreessen and Horowitz put the company through three rounds of layoffs. The unlikely result was a big buyout -- here's how it happened.
"I'm tryin' to right my wrongs / But it's funny them same wrongs helped me write this song" -Kanye West
Shortly after we sold Opsware to Hewlett-Packard (HPQ), I had a conversation with the legendary venture MORE
Sep 20, 2010 1:19 PM ET