Font Size

Technology

E-mail

Close Window E-mail This Page

EBay Settles Suit With Skype Founders

Required fields are marked with an asterisk(*)

Recipient E-mail:*
- Your Name:*
- Your E-mail:*
Add a Message:
Send me a copy of this e-mail.

Type the characters in this picture:*

Click here to refresh with new letters

The information you provide will be used only to send the requested e-mail and will not be used to send any other e-mail communications. Read more in our Privacy Policy

Send E-mail

Print Share + Comments

Nov 6, 2009 10:00 am US/Pacific

EBay Settles Suit With Skype Founders

SAN JOSE (CBS 5 / AP) ―

Click to enlarge 1 of 1: A skype user chats over the internet.
CBS

Close

numSlides of totalImages

EBay Inc. says a group of investors who are buying the majority of its telecommunications service, Skype, agreed to settle a legal skirmish with Skype's founders.

The online marketplace operator said Friday the settlement gives Skype ownership of software that had in the past been licensed from Joltid Ltd. a company that was founded by Skype co-founders Niklas Zennstrom and Janus Friis. It also settles lawsuits that had been filed against the investor group and eBay once the sale of Skype is completed.

Under the settlement, Zennstrom and Friis will become part of the investor group buying Skype and get a 14 percent stake in the company.

This means that the investor group will own 56 percent of Skype once the deal closes. EBay will own 30 percent.