With Eto'o being valued at 20 million euros, Barcelona announced they were paying a separate 46 million euro fee and loaning Belarus midfielder Aleksandr Hleb to Inter for the season.
Italian champions Inter, who have yet to confirm Hleb's arrival, will have the chance to buy the former Arsenal player for 10 million euros plus variables next year.
Barca added that Ibrahimovic, 27, needs immediate surgery on a bone fracture in his left hand.
"I'm not coming as a substitute for Eto'o because I am a very different player. I come to bring something new," Ibrahimovic told a news conference that had been delayed more than an hour due to a last-minute complication with the deal.
"No one knows this but months ago I told [Inter president Massimo] Moratti I wanted to play for Barca. I told him there was only one team who would be able to buy me. There are many great clubs, but only one like Barcelona."
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