So, now that we've exhausted the Skype-eBay topic, some people (a.k.a. as my brother, Sean, who has an MBA, CFA and a few other academic letters) are wondering what the next M&A deal will be in the VOIP world. He's wondering if Google will take a run at eBay/Skype, or whether Yahoo will step up to the plate. And what about Microsoft, which has spent years trying to move into the television industry let alone the telecom business? "There's a whole of brokerage fee waiting to happen," Sean says. "Reminds me of the great financial services consolidation wave in the late-1990s." Clearly, Vonage will be the next deal to happen although it will probably do an IPO despite my belief it would rather be acquired. As for someone pursuing eBay, it would be a $52-billion move (not including a takeover premium), and I'm not sure Google and/or Yahoo has the appetite or interest in making such an audacious move. As for the other VOIP players (8x8, DeltaThree, et al), if anyone really wanted them, they would have been taken out already.