Posts Tagged: ebay

Skype and eBay announced they has reached a settlement agreement with Joltid and Joost N.V. that gives Skype ownership over all software previously licensed from Joltid.

It also ends all litigation currently pending against the investor group and eBay at the closing of the acquisition (the investor group led by Silver Lake had previously entered into a definitive agreement to acquire a majority stake in Skype from the company).

As part of the settlement agreement, Joltid and Skype founders Niklas Zennström and Janus Friis will join the investor group, contributing Joltid software and making a significant capital investment in exchange for a 14 percent stake in Skype.

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It would appear that efforts to address problems of compatability and interoperability between the various VoIP protocols, packages and services are making some headway.
For users – and especially small businesses – the issue has been of growing concern as the popularity of VoIP has led to a huge increase in the number of VoIP services.

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