Skype Founders Win a Share From eBay, Drop Lawsuits

EBay has formally settled the litigation around its sale of the Skype online calling service.The founders of Skype, Niklas Zennstrom and Janus Friis, will drop their lawsuits against the company and a consortium of buyers whose bid to purchase 65 percent of Skype was announced last month, according to an announcement released by eBay before the opening of the stock markets on Friday.As part of the complex agreement, the founders will own a 14 percent stake in the new Skype and receive two seats on the board.To read this report from The New York Times in full, see:
www.nytimes.com/2009/11/07/technology/companies/07skype.htmlAlso see:Skype founders wrestle back $400m share of company
The founders of Skype have regained a significant stake in the internet company after settling a contentious legal dispute that had threatened to derail its $2bn sale.The deal, which was announced today, will give Niklas Zennstrom and Janus Friis a 14% stake in the internet telephony service they originally sold to auction website eBay in 2005 for $2.6bn.
www.guardian.co.uk/technology/2009/nov/06/skype-settlementLessons From the War Over Skype
The dust has settled, the ink on the deal has dried, and one of the biggest sideshows in Silicon Valley this year appears to be over. The litigation between eBay, the buyers of Skype and its original founders has been dropped, and the deal, which values Skype at $2.7 billion, should close sometime soon.Which means it’s time to start reflecting on the lessons of the whole skirmish. Here are three initial thoughts. Please add your own thoughts on lessons learned in the comments.
bits.blogs.nytimes.com/2009/11/06/lessons-from-the-world-war-over-skype/

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