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Steven Perez
Skype founders wrestle back $400m share of company | Technology | guardian.co.uk - http://www.guardian.co.uk/technol...
Skype founders wrestle back $400m share of company | Technology | guardian.co.uk
"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. Confirmation that the duo had settled their court action - which focused on the ownership of a core technology used by Skype to deliver millions of voice and video calls over the internet - means the duo have now regained around $400m of shares in the company. "This is fantastic news for us, clearing the road ahead and making what was shaping up to be an exciting journey, an unbelievable journey," said Skype chief executive Josh Silverman." - Steven Perez from Bookmarklet