|
contents | business | |||||||
| Skype Acquires Sonorit and Camino Networks Skype, the global Internet communications company, has announced that it has acquired Sonorit Holding AS and its US subsidiary Camino Networks, Inc., a provider of voice technology for the Internet. The acquisition will allow Skype to add some of the leading experts in online voice engineering to its own team of technologists to help design and develop Skype for the future. Skype, an eBay company, has agreed to acquire all outstanding securities of Sonorit for approximately 700.000 shares of eBay stock. Based on the stock price as of April 10, 2006, the transaction is valued at approximately $27 million. eBay expects the acquisition to be immaterial to its full-year 2006 earnings per diluted share, as issued in connection with its first quarter earnings release on January 18, 2006. write your comments about the article :: © 2006 Computing News :: home page |