Skype IPO: Details and Future Plans

Skype has recently revealed some details regarding their initial public offering (IPO), and it looks as if developers are looking for some cash to help them solidify their strong position in the online communications market.

Competitor in the VoIP market

According to PCWorld it seems as if this money could well be used to develop Skype into a competitor in the VoIP market, perhaps taking on the likes of Vonage, I guess time will tell whether this is a viable direction for Skype.