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eBay settles Skype suit
Published:November 7, 2009, 8:39 AM
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Updated: August 21, 2010, 2:55 AM
SAN FRANCISCO (AP)—eBay Inc. has settled a legal skirmish with the founders of Skype that threatened to complicate eBay’s plans to sell most of the Internet phone service to a group of investors for $2 billion.
The online marketplace operator said Friday that the settlement gives Skype ownership of critical software that had been licensed from Joltid Ltd., which is a company founded by Skype co-founders Niklas Zennstrom and Janus Friis. The settlement effectively ends Zennstrom and Friis’ litigation against the investor group and eBay.
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