Online auction site eBay is reportedly close to selling off its enterprise services business for around $900 million.
A Wall Street Journal report published Wednesday night cites sources close to the matter as saying that a consortium led by private-equity firm Permira is the buyer.
[aditude-amp id="flyingcarpet" targeting='{"env":"staging","page_type":"article","post_id":1768525,"post_type":"story","post_chan":"none","tags":null,"ai":false,"category":"none","all_categories":"entrepreneur,","session":"C"}']In its enterprise business, eBay offers as services the e-commerce, order management, operations, and marketing systems it developed to underpin its online auction business.
The WSJ story says eBay could announce the sale Thursday when it reports earnings, but that the situation remains fluid.
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The sell-off would be the second major move by eBay to narrow focus to its core consumer online auction business.
EBay announced June 26 that it has nearly completed its spin-off of online payments company PayPal. It first announced plans to spin off PayPal in September of last year.
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