Skype Acquires Sonorit Holdings
Skype has acquired Sonorit Holdings AS. It has also acquired Sonorit’s US subsidiary Camino Networks. With the acquisition, Skype aims at adding experts in online voice technology to its team.
Skype has acquired Sonorit Holdings AS. It has also acquired Sonorit’s US subsidiary Camino Networks.
With the acquisition, Skype aims at adding experts in online voice technology to its team.
Niklas Zennstrom, CEO of Skype, said: “We’re excited about bringing the talented Camino Networks team to Skype. They will add considerable expertise to our own world-class technology team.”
[Source]
Skype has agreed to acquire all outstanding securities of Sonorit Holdings for 700,000 eBay stock. This is valued at around $27 million.
Sonorit is a provider of voice technology for the internet, based in San Francisco. Sonorit builds solutions for high quality speech processing, coding and transmission for internet-based networks.
Comments are closed.