Skype Joins the Acquisition Race by Acquiring Sonorit
Filed in archive Companies by gautam on April 12, 2006

This is what Niklas Zennstrom, CEO and co-founder, Skype had to say about the acquisition:
We're excited about bringing the talented Camino Networks team to Skype. They will add considerable expertise to our own world-class technology team.
I believe this acquisition would be of great help to Skype which is less dependent on licensed
technology and is much more interested in building an in-house team and we must understand that since Skype is a growing company and growth cannot come only from the inside. This move will help Skype gain strength and compete with AOL, Microsoft and Yahoo all of which have loads of in-house talent. One thing that I would like to point out is that Sonorit is already entangled in litigation matters with GIPS, the same company which supplies the insides of much of Skype. Is this a move to strengthen itself or reduce royalty payments to GIPS? You never know!!!Permalink: Skype Joins the Acquisition Race by Acquiring Sonorit
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Skype Sonorit
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