Skype buys VoIP technology companies
By Nancy Gohring
,
IDG News Service
, 04/11/2006
- Share/Email
- Tweet This
- Print
Skype Tuesday announced it has acquired Internet voice technology company Sonorit Holding and its U.S. subsidiary, Camino
Networks, for about $27 million in eBay stock.
Skype, which is owned by eBay, made the acquisition add the companies' online voice engineering experts to its staff, it said.
They will help design and develop future versions of Skype's VoIP product.
Skype described Sonorit and Camino as start-up companies building products for speech processing, coding and transmission
over Internet-based networks.
Camino's speech products are geared towards mobile IP networks, according to a biography of Camino President and CEO Jonathan
Christensen on the Web site of an investment company for which he serves as an advisor.
Sonorit and Camino have been the subject of at least one lawsuit. In December, Global IP Sound (GIPS), a company that offers
VoIP technologies, filed a lawsuit that charged them with violating trade secrets. GIPS said some Sonorit workers were former
GIPS employees.
EBay bought VoIP provider Skype in 2005 for $2.5 billion, aiming to help buyers and sellers using its online auction site
to communicate with each other easily.
The IDG News Service is a Network World affiliate.
Comment