Skype Founders Reach Settlement With Ebay and Others

It looks like you can expect Skype to continue functioning as normal. A settlement has finally been reached with the parties, including eBay and Skype founders, Niklas Zennström and Janus Friis. The legal battle started when eBay agreed to sell a 65% stake in Skype to Silver Lake Partners on September 1st. The founders sued, claiming that eBay was engaging in copyright infringement. As it turns out, eBay never actually owned the core technology behind Skype, called Global Index..

According to the settlement, Zennström and Friis, will join the investor group that is purchasing Skype. They will contribute software from their new venture, Joltid. In return, they will receive a 14% stake in Skype. When the sale is completed, eBay will be paid a cool $1.9 billion. Though, this is much less than the original purchase price for Skype. Though, the online auction house will also retain 30% of Skype.

Getting all the technology under one roof again should settle the issue of Skype’s intellectual property once and for all. Do you use Skype on a regular basis? Were you worried about its future?