Skype Technologies S.A. Luxembourg, Luxembourg

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Skype Company Description

If you believe the hype, Skype's disruptive technology is revolutionizing phone calling. The minds that created the file-sharing phenomenon KaZaA have taken on the telcos -- Skype Technologies' popular Web-based software allows users to make phone calls using the Internet. Calls are free when made PC-to-PC, and the newer SkypeOut service allows PC-to-phone calling at much lower rates than traditional phone service. Cofounders Niklas Zennström and Janus Friis launched Skype in 2003. In 2005 the company was acquired by eBay in a deal worth about $2.6 billion.

View the Comprehensive Company Description for Skype

The Company Description provides a historical perspective of Skype's organization from inception to current status.

Produced by Hoover's in-house editorial team, the Company Description tracks ownership transitions, company progress via mergers and acquisitions, major growth milestones, and strategic initiatives, to provide a holistic view of Skype's evolution in the marketplace.

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