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eBay settles Skype software suit
Updated On: 07 November, 2009 09:55 AM IST | | Agencies
E-commerce giant eBay has settled its long-running legal feud with the founders of Skype, clearing the way for a $2-billion sale of the internet telephony pioneer, the company announced Friday.
E-commerce giant eBay has settled its long-running legal feud with the founders of Skype, clearing the way for a $2-billion sale of the internet telephony pioneer, the company announced Friday.
Under the terms of the settlement, Skype founders Niklas Zennstrom and Janus Friis will get a 14 percent stake in the consortium buying Sykpe from eBay in return for an undisclosed cash investment and the withdrawal of their lawsuits.
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