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Submission + - Skype's Legal Situation Clears (pcworld.com)

chill writes: Skype's cofounders, Janus Friis and Niklas Zennstrom, have agreed to transfer ownership of the remaining Skype technology that eBay didn't own, paving the way for eBay to complete its sale of a majority stake in Skype to an investor consortium.

In exchange, Friis and Zennstrom will join the investor consortium and obtain a 14 percent stake in Skype. The other consortium partners, led by Silver Lake, will own a 56 percent stake in Skype, and eBay will hold on to 30 percent, eBay said Friday.

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Skype's Legal Situation Clears

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Karl's version of Parkinson's Law: Work expands to exceed the time alloted it.

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