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Innovations in the Software Industry

Skype for Linux set to be released as open source

Tuesday, November 03, 2009


Skype is very well known software for those seeking to make video and audio calls to those they know, and is even handier considering it's available on Mac, PC and Linux. Now, however, the Linux community is about to get one step better: Skype will soon become open source.

The news, initially reported by Olivier Faurax (link in French) and then Linux Crunch, came in the form of an email to Skype. It stated, "We understand that many users complain that there is no Mandriva version at present. We are happy to be able to inform you that Skype will from now on be part of the open source community.

Therefore Linux developers will be enabled to influence the development of the Skype client for Linux - which will most certainly result in specific versions for the different distributions." Linux Crunch then contacted Skype and received the following reply: "We appreciate our user community's enthusiasm and realize this is something they have been wanting for a while.

We realize the potential of the open source community and believe that making Skype for Linux an open source application will help to speed up its development and enhance its compatibility with different versions of Linux. While it is our goal to make Skype for Linux source code available to the community in the nearest future, we are not at a point to disclose an exact release date yet."

More:http://www.neowin.net/news/software/09/11/03/skype-for-linux-set-to-be-released-as-open-source

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Confirmed: eBay Sells Skype In Deal Valuing It At $2.75 Billion

Wednesday, September 02, 2009

We now have confirmation of the sale of Skype, a story we broke last week and was yesterday proclaimed a done deal by NY Times reporters.

The acquiring party is indeed an investor group led by private equity firm Silver Lake Partners, who likely paid the bulk of the amount Skype was sold for.

Other investors include VC firms Andreessen Horowitz and Index Ventures (a previous investor in Skype), as well as the Canada Pension Plan (CPP) Investment Board.

The new investors will buy approximately 65% of Skype, with eBay continuing to own 35%, in a deal valuing Skype at $2.75 billion US. eBay is expected to receive approximately $1.9 billion in cash upon the completion of the sale and a note from the buyer in the principal amount of $125 million. The transaction, which is not subject to a financing condition, is expected to close in the fourth quarter of 2009.

Worth noting: Andreessen Horowitz partner Marc Andreessen sits on the eBay Board of Directors.

Ebay had reportedly been looking to sell Skype for $2 billion, compared to the $3.1 billion it put on the table to buy out the company and pay out its founders Niklas Zennstrom and Janus Friis back in 2005. Since then, eBay has written down nearly a billion dollars of the deal value after realizing the supposed synergies weren’t going to pan out as planned. Skype is said to be making approximately $600 million a year in revenues, so it seems like the investor group acquired the company at a very reasonable price.

Read Full Story:http://www.techcrunch.com/2009/09/01/confirmed-ebay-sells-skype/

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