eBay Buying Bill Me Later

eBay has agreed to acquire Bill Me Later, a Timonium, Md.-based provider of online payment solutions. The deal is valued at approximately $945 million, including $820 million in cash and around $125 million worth of outstanding options. Bill Me Later had raised around $200 million in VC funding since 2000, from Crosspoint Venture Partners, Azure Capital Partners and GRP Partners.

6 October 2008•6 mins read
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