EBay completes sale of Skype for $2 billion

**MIG-31** · Nov 20, 2009, 01:19 PM

SAN JOSE, Calif. - EBay has completed its sale of Skype for about $2 billion to an investor group that included the founders of the Internet phone service.

Last week, the online auction site settled a legal skirmish with co-founders Niklas Zennstrom and Janus Friis which allowed the deal to move forward. The settlement gave Skype ownership of critical software that had been licensed from the company they founded, Joltid Ltd.
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Source: Yahoo

Nov 20, 2009, 01:19 PM	#1
MIG-31 HardwareHeaven News Mod Join Date: Dec 2002 Location: Nottingham,UK Posts: 56,843 Rep Power: 471 System Specs	EBay completes sale of Skype for $2 billion SAN JOSE, Calif. - EBay has completed its sale of Skype for about $2 billion to an investor group that included the founders of the Internet phone service. Last week, the online auction site settled a legal skirmish with co-founders Niklas Zennstrom and Janus Friis which allowed the deal to move forward. The settlement gave Skype ownership of critical software that had been licensed from the company they founded, Joltid Ltd. _____________ Source: Yahoo __________________ Please Post Your News Submissions Here