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September 16th, 2009

Report: Skype founders sue eBay; could complicate Skype sale

Posted by Sam Diaz @ 2:16 pm

Categories: Legal, Skype, eBay

Tags: Skype Technologies S.A., eBay Inc., Financial Accounting, Tools & Techniques, Finance, Management, Sam Diaz

eBay’s $2 billion sale of Skype to a group of investors could be complicated by a lawsuit filed by a company owned by Skype’s founders. According to a Wall Street Journal report, a company named Joltid, which is owned by Skype founders Janus Friis and Niklas Zennstrom, filed suit in U.S. District Court in northern California seeking an injunction against Skype, as well as damages for copyright infringements.

The dispute stems from a peer-to-peer technology owned by Joltid and is used in Skype’s software. Joltid reportedly terminated a license for the software in March and the two sides have been battling in a UK court since, according to the report.

The suit seeks profits earned while the technology was being used in breach of its license and estimated daily damages of more than $75 million daily.

Earlier this month, eBay announced that it would unload 65 percent of Skype for $1.9 billion to an investor group led by Silver Lake and including Index Ventures, Andreessen Horowitz and the Canada Pension Plan (CPP) Investment Board.

Joltid’s suit includes the investors as defendants.

Sam Diaz

Sam Diaz is a senior editor at ZDNet. See his full profile and disclosure of his industry affiliations.

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  • Talkback
  • Most Recent of 10 Talkback(s)
Innumeracy
Nothing in the article even REMOTELY implies that.
First, you appear to be simply fixating on any numbers you stumbled
across in the post and multiplying them. That is the wrong math.
Even i... (Read the rest)
Posted by: DeusExMachina Posted on: 09/17/09  (Edited: 09/17/09 @ 04:10) You are currently: a Guest | | Terms of Use
should have GPLed the code  Linux Geek | 09/16/09
And they would have been paid what?  No_Ax_to_Grind | 09/17/09
nt  tikigawd | 09/17/09
RE: And they would have been paid what?  Jim4Prez | 09/17/09
RE: Report: Skype founders sue eBay; could complicate Skype sale  sun.shine.boi49@... | 09/16/09
RE: Report: Skype founders sue eBay; could complicate Skype sale  Gis Bun | 09/17/09
RE: Report: Skype founders sue eBay; could complicate Skype sale  frabjous | 09/17/09
So Joltid makes $27.375B or profits /year?  tikigawd | 09/17/09
Innumeracy  DeusExMachina | 09/17/09
RE: Report: Skype founders sue eBay; could complicate Skype sale  Dcarm | 09/17/09

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