Thursday, October 1, 2009

The End Of Skype?

Mario Tama / Getty

The Skype Founders' Revenge Against eBay -- Time Magazine

Just when eBay thought it had figured out a way to unload a majority interest in Skype, along came the Scandinavian founders of the world's biggest provider of Internet telephony to sink the $1.9 billion deal — and perhaps Skype itself.

Niklas Zennstrom and Janus Friis are suing eBay, based in San Jose, Calif., and a consortium of investors that includes private-equity firms Silver Lake, Andreessen Horowitz (co-owned by Netscape's Marc Andreessen) and the Canada Pension Plan over the breach of a software-licensing agreement.

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