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Saturday, November 21, 2009 2:45 PM

Joltid Ltd

Type: Company
Name: Joltid Ltd
First Reported 11/06/2009 - Updated 11/07/2009 - 3 Documents
eBay Inc - Click to view image in its original context
eBay Inc
US based online retailing giant eBay has settled their legal differences with the founders of the Skype service which is now owned by them.Skype would now get the ownership of the technology that power its engine. This technology was originally licensed ... [TechWhack - 11/07/2009]
First Reported 11/04/2009 - Updated 11/04/2009 - 3 Documents
In our October 8 post on the state of the Skype sale and litigation, we ended with a prediction: 'The likely outcome of all of this remains the same ? Joltid will get a stake of some size in Skype. But given the players involved, anything could still ... [Washington Post - 11/04/2009]
First Reported 11/09/2009 - Updated 11/09/2009 - 2 Documents
Skype Technologies SA - Click to view image in its original context
Skype Technologies SA
Skype has hired well-known VoIP expert Jonathan Rosenberg as its chief technology strategist, the company announced today. Rosenberg was highlighted as one of the Cisco executives Index Ventures’ Michael Volpi would bring over to Skype in order to help ... [TechNews.AM - 11/09/2009]
First Reported 11/06/2009 - Updated 11/06/2009 - 2 Documents (in Internet & IT)
Earlier this morning, Niklas Zennstrm and Janus Friis settled their lawsuits with eBay and a syndicate of investors in return for a in the company they founded. The the spin-off of Skype from eBay because the Skype founders still controlled the services ... [Seeking Alpha - 11/06/2009]
First Reported 11/06/2009 - Updated 11/06/2009 - 1 Documents (in Internet & IT)
On Friday, eBay (EBAY) announced a settlement with Skype’s founders that will allow the sale of a majority share in the Internet telephone and video communications company to a group of investors for $2 billion.Skype's founders will retain a 14% stake ... [FOXBusiness.com - 11/06/2009]
First Reported 11/06/2009 - Updated 11/06/2009 - 1 Documents (in Corporate Deals)
eBay Inc. (NASDAQ: EBAY) today announced that the investor group led by Silver Lake, which had previously entered into a definitive agreement to acquire a majority stake in Skype from the company, has reached a settlement agreement with Joltid Limited ... [Street Insider - 11/06/2009]
First Reported 11/06/2009 - Updated 11/06/2009 - 1 Documents
The final results are in: eBay and private investors led by Silver Lake Partners have stuck a deal with Skype founders and JoltID, the technology company controlled by Skype founders Niklas Zennström and Janus Friis. They are also transferring the ownership ... [TechNews.AM - 11/06/2009]
First Reported 11/06/2009 - Updated 11/06/2009 - 1 Documents (in Internet & IT)
Skype is certainly a major symbol for the IP communications market and although it plays in a niche in the market - consumer VoIP/Video, it is now a household name and having it entangled in legal limbo does it or the industry no good. You may remember ... [TMC Net - 11/06/2009]
First Reported 11/08/2009 - Updated 11/08/2009 - 1 Documents
As expected, eBay (NSDQ: EBAY) announced a deal today between the Skype investor group and Joltid, the owner of the code that runs Skype. ... [TechNews.AM - 11/08/2009]
First Reported 11/09/2009 - Updated 11/09/2009 - 1 Documents (in Internet & IT)
The founders of internet phone service Skype have agreed to settle a potentially damaging lawsuit in return for taking a 14pc stake in the business, once owner eBay sells a majority stake to a private equity-led consortium. Founders Niklas Zennstrom ... [Telegraph - 11/09/2009]
First Reported 11/02/2009 - Updated 11/02/2009 - 1 Documents
The two founders of Skype - the Internet telephone service - and their company, Joltid, are suing eBay, which bought the Skype service for US$3 billion in 2005. ... [Mondaq - 11/02/2009]
First Reported 11/02/2009 - Updated 11/02/2009 - 1 Documents
Om Malik, who has longstanding relationships in the investment community and has tossed aside his managerial role at GigaOm to do what he loves best, be a reporter, dropped a bombshell last night with initial details that Skype's current management and ... [VoIP Watch - 11/02/2009]

Quotes

... Josh Silverman, the president of Skype, adopted a rather enthusiastic approach when breaking the news.  He wrote on the Share Skype Blog , "Great news - we've closed the deal with the new investors. . . .  Our journey continues: say hello to the future!" And that future appears to be a bright one, by the way.  As had been agreed earlier, the transaction valued Skype at an impressive $2...
In a statement, eBay said: "As part of the settlement agreement, Joltid and Skype founders Niklas Zennström and Janus Friis will join the investor group, contributing Joltid software and making a significant capital investment in exchange for a 14 percent stake in Skype." A private equity firm and a venture capital firm are among other parties in the investment group
"The strength of the exclusive jurisdiction clause in the present case is reinforced by a number of considerations [including] … neither Skype Technologies not Joltid has any obvious connection with England and Wales. Consequently they must be taken to have deliberately chosen a neutral forum for the determination of their disputes" he said

More Content

All (342) | News (217) | Reports (0) | Blogs (124) | Audio/Video (0) | Fact Sheets (1)
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Ebay Completes Skype Sell Off. [X-bit Labs - 9 hours ago]
eBay Finally Spins Off Skype [Seeking Alpha - 14 hours ago]
EBay Closes USD 2 B Sale of Skype [Sofia News Agency - 15 hours ago]
eBay Completes Sale of Skype Unit to Investor G... [Digital Media Wire - 17 hours ago]
eBay's Skype deal is (finally) undone [TheDeal.com - 18 hours ago]
eBay Closes Skype Sale [Wireless Week - 21 hours ago]
eBay completes $2bn Skype sale [News24.com - 21 hours ago]
EBay completes sale of Skype [Straits Times - 22 hours ago]
eBay closes the deal on Skype sale [Hexus - 22 hours ago]
Ebay closes Skype sale [TheInquirer.net - 23 hours ago]
eBay Completes Skype Sale [WebProNews Feed - 23 hours ago]
eBay sells $2bn stake in Skype [Computer Weekly - 11/20/2009]
Skype $1.9-Billion Sale Finalized [Softpedia - 11/20/2009]
EBay finally sells majority of Skype [V3.co.uk - 11/20/2009]
Skype Sold: eBay Completes Deal [Sky News - 11/20/2009]
Canada Pension Plan Part of Skype Purchase from... [Mediacaster - 11/20/2009]
eBay sells majority stake in Skype [TechConnect Magazine - 11/20/2009]
eBay sells Skype communications unit for USD2.7... [Zibb - 11/20/2009]
EBay sells Skype for $2 billion [Deccan Chronicle - 11/20/2009]
eBay sells Skype communications unit for USD2.75bn [M2 - 11/20/2009]
eBay completes Skype sale [M2 - 11/20/2009]
Investors Sew Up Deal for Skype [New York Times - 11/20/2009]
eBay completes sale of Skype for $2 bn [Indian Express - 11/20/2009]
Skype Sold: eBay Seals Deal After Legal Row [Ananova - 11/20/2009]
Auction's over for Skype [The Register - 11/20/2009]
High Court ruled against Skype founders on day ... [The Register - 11/20/2009]
EBay completes Skype sale, keeps 30% [Telecom.paper - 11/20/2009]
High Court ruled against Skype founders' US act... [Out-Law.com - 11/20/2009]
eBay Completes Skype Sale at $2.75 Billion Valu... [Seeking Alpha - 11/20/2009]
eBay completes Skype sale [France24 - europe - 11/20/2009]
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eBay Completes Skype Sale at $2.75 Billion Valu... [Internet Sector and Stocks Analysis from Seekin ... - 11/20/2009]
TechCrunch submits: By Robin WauterseBay (EBAY) has just announced that it has completed the sale of Skype, valuing the company at $2.75 billion. The investor ...
EBay Completes Sale of Skype [VCCircle Feeds - 11/20/2009]
EBay Inc said on Thursday it had completed its sale of its Skype unit, as it had vowed to do before the end of the year. A settlement reached earlier this month ...
Ebay Successfully Spins Off Skype For $1.9 Bill... [MocoNews - 11/20/2009]
... all the legal craziness, eBay (NSDQ: EBAY) has closed its deal to sell ...
eBay completes sale of Skype at $2.75 billion v... [Venturebeat - 11/20/2009]
eBay said it has completed the sale of a 70-percent stake in Skype communications service for an amount that values the company at $2.75 billion. The buyer is an ...
eBay sets Skype loose at $2.75 billion valuation [CNET News.com - 11/20/2009]
Auction site eBay has, as long anticipated, sold off the Skype telephony service to a group of investors that includes Marc Andreessen's new Andreessen Horowitz ...
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