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Posts Tagged ‘Joltid’

eBay, Skype Settle IP Suits with Joltid, sans Index Ventures

November 6th, 2009 | No Comments

eBay settles lawsuits with Joltid and Joost in a $1.9 billion deal that gives Skype ownership over all software previously licensed from Joltid and paves the way for a group of investors to acquire the majority of the company. Joltid and Skype founders Niklas Zennström and Janus Friis, who had earlier tried to buy Skype back from eBay, will join the investor group, contributing Joltid software and making a capital investment in exchange for a 14 percent stake in Skype. Silver Lake and fellow investors Andreessen Horowitz and the Canada Pension Plan Investment Board will grab 56 percent of Skype, with eBay retaining the remaining 30 percent.
– The future of voice-over-IP service Skype looks bright again for its more
than 500 million users.
eBay Nov. 6 said it has settled lawsuits with Joltid and
Joost in a $1.9 billion deal that gives Skype ownership over all software
previously licensed from Joltid and paves the way for a group of in…


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How The Joltid Suit Is a Ploy to Buy Back Skype

September 17th, 2009 | No Comments

Bernstein Research’s Jeffrey Lindsay says new litigation filed by Joltid against eBay, Skype and its pending investors stems from the Joltid owners’ failure to buy back Skype from eBay. Joltid is looking to enjoin Skype from operating in the United States and seeks $75 million-plus per day in damages. Joltid’s owners earlier this year tried to buy back Skype but balked at what they believed was too high a price from eBay. Lindsay says the suit is designed to thwart the current eBay sell-off until the Joltid owners get a payout.
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An analyst from Bernstein Research said new litigation filed
by Joltid against eBay, Skype and its pending investors stems from the Joltid
owners’ failure to buy back Skype from eBay.
Joltid, the peer-to-peer software company owned by Skype co-founders
Janus Friis and Niklas Zenns…


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EBay working on alternative software for Skype

August 3rd, 2009 | 1 Comment

SAN FRANCISCO (AP) — EBay Inc. is developing software it might use to continue running the online telecommunications service Skype if it cannot resolve a legal dispute with a separate company run by the service’s founders.
In a filing this week with the Securities and Exchange Commission, eBay said it has started developing an alternative to [...]

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Skype-Joltid Dispute Presents an Opportunity for Google Voice

July 31st, 2009 | No Comments

eBay reports in an SEC filing that Skype is embroiled in a software licensing lawsuit with Joltid, forcing eBay to write its own VOIP software in case Skype loses. While some wonder if the dispute will impede eBay’s planned IPO for Skype, others see Skype’s troubles as a chance for Google Voice to grow.
– Skype continues to be one of the biggest headaches for a parent company.
In a legal dispute that may delay eBay’s plans to spin off its Skype Web calling
service and is certainly forcing eBay to write its own software, Skype and
startup Joltid are suing each over a dispute about software source …



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