Skype lives on, reaches settlement with Joltid

Filed under: News, VoIP

A few months ago there was talk that a lawsuit could bring down the popular VoIP client Skype. That's because Skype was involved in a dispute with Joltid, a company that Skype was licensing technology from.

Today Skype announced that the company has reached a settlement with Joltid. The net result is that Skype now owns the technology and Joltid founders Niklas Zennström and Janus Friis will join the investor group that is in the process of buying Skype away from eBay as well as the Skype board.

If those names sound familiar, they should. Zennström and Friis were also the founders of Skype, back before eBay bought the company.

While there's a lot of backroom politics involved in the deal, here's what it means for users: Skype isn't going to close up shop anytime soon.

Skype lives on, reaches settlement with Joltid originally appeared on Download Squad on Fri, 06 Nov 2009 12:00:00 EST. Please see our terms for use of feeds.

Read | Permalink | Email this | Comments