EBay completes sale of Skype for $2 billion
By Associated Press
Friday, November 20, 2009 -
Friday, November 20, 2009 -
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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