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BetaDot » Skype Buys
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Skype Acquires Two Companies

Skype Technologies has acquired Internet voice technology company Sonorit Holding and its US subsidiary, Camino Networks, for about $27 million in eBay stock.


Skype, owned by eBay, made the acquisition on Tuesday in order to 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.

With Camino under its belt, Skype will have a good chance in the mobile IP networks.

However, all is not so easy for Skype- Sonorit and Camino have been the subject of at least one lawsuit. In December, Globale IP Sound (GIPS), a company that offers VoIP technologies, filed a lawsuit that charged them with violating trade secrets.

Summary

Skype Technologies has acquired Internet voice technology company Sonorit Holding and its US subsidiary, Camino Networks, for about $27 million in eBay stock.


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