But Skype is at a strange crossroads. When eBay bought Skype for $2.6 billion in 2005, the online auction company apparently only licensed — didn’t buy — the software code that makes Skype run. Now, Skype’s founders, who are no longer with the company and who own the code through their new company, Joltid, [which has to have one of the most generic websites ever,] are trying to terminate that license. The legal battle is supposed to reach a British court by June 2010, and if Joltid prevails, eBay said in an S.E.C. filing that “the continued operation of Skype’s business as currently conducted would likely not be possible.
Who in their right mind would buy a software service company for $2.6 billion, but not buy the software in that deal!? Ridiculous.
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