logo


Skype, eBay settle dispute
Friday, November 06, 2009 12:07 PM


eBay said Skype founders Niklas Zennstrom and Janus Friis would own 14 percent of the reconfigured Skype and control two seats of the company's board.

The online auction company's holdings would drop to 30 percent, while a consortium of buyers would hold 56 percent, The New York Times reported Friday.

"Skype will be well positioned to move forward under new owners with ownership and control over its core technology," eBay Chief Executive Officer John Donahoe said in a statement.

"At the same time, eBay continues to retain a significant stake in Skype and will benefit from its continued growth," he said.

(Source: UPI )


(0)
No Comments
Post Comment
Name:  
Alert for new comments:
Your email:
Your Website:
Title:
Comments:
   
 
 
 
 
   
 

  
Related Press Releases
Advertisement
Popular Articles
Advertisement
Partner Center
Fundamental data is provided by Zacks Investment Research, market data is provided by AlphaTrade. , and Commentary and Press Releases provided by Quotemedia