Skype

Information

Skype was founded in 2003 by Janus Friis from Denmark and Niklas Zennström from Sweden.^[27] The Skype software was created by the Estonians Ahti Heinla, Priit Kasesalu, and Jaan Tallinn^[28] The first public beta version was released on 29 August 2003.^[29]

In June 2005, Skype entered into an agreement with the Polish web portal Onet.pl.^[30] On 12 September 2005, eBay Inc. agreed to acquire Luxembourg-based Skype Technologies SA for approximately US$2.5 billion in up-front cash and eBay stock, plus potential performance-based consideration.^[31]

On 1 September 2009, it was announced that eBay was selling 65% of Skype to Silver Lake, Andreessen Horowitz and the Canada Pension Plan Investment Board for US$1.9 billion, valuing Skype at US$2.75 billion.

Skype /ˈskaip/ is a telecommunications application software that specializes in providing video chat and voice calls from computers, tablets and mobile devices via the Internet to other devices or telephones/smartphones.  Skype is available to download onto computers running Microsoft Windows mac or Linux, as well as Andriod blackberry and Windows phone smarphones and tablets. Much of the service is free but users require Skype Credit or a subscription to call landline or mobile numbers. Skype is based on a freemium model.

First released in August 2003, Skype was created by Dane Jansus Friisand Swede Niklas Zennström in cooperation with Estonians Ahti Heinla,Priit Kasesalu, and Jaan Tallinn, who developed the backend which was also used in music-sharing application Kazaa. In September 2005,eBay acquired Skype for $2.6 billion. In September 2009, Silver Lake, Andreessen Horowitz and the Canada Pension Plan Investment Board announced the acquisition of 65% of Skype for $1.9 billion fromeBay, valuing the business at $2.75 billion. Skype was later acquired byMicrosoft in May 2011 for $8.5 billion. Microsoft's Skype division headquarters are in Luxembourg, but most of the development team and 44% of the overall employees of the division are still situated inTallinn and Tartu, Estonia.^[21][22][23]

Skype allows users to communicate by voice using a microphone, video by using a webcam, and instant messaging over the Internet. Skype-to-Skype calls to other users are free of charge, while calls to landline telephones and mobile phones (over traditional telephone networks) are charged via a debit-based user account system called Skype Credit.

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