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The new owners include Skype founder Niklas Zennstrom, who likely has his own ideas about how to run the company and who should do the running, believe analysts. Some industry insiders believe Zennstrom would like to get into the driver seat himself. Full Article at Business Week
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Seeing Niklas Zennstrom’s name on LeWeb’s list of speakers along with the news that Joost’s assets were being acquired by Adconion Media Group got me thinking about the dynamics of that specific startup. Full Article at The Praized Blog
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In 2005, when eBay bought Skype from its founders, Janus Friis and Niklas Zennstrom, it paid $3.1 billion. But the company had performed so poorly that by the fall of 2007, eBay had been forced to take a $1.1 billion write-down.
SOURCE: EconoSpeak -
Adconion Media Group, which operates a large global online ad network, has acquired a set of technology assets from Joost -- the flagging Web video company that was once considered a serious challenger to YouTube and Hulu. Full Article at Hollywood Reporter
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Joost NV, the much ballyhooed Internet video company launched by Skype founders Niklas Zennstrom and Janis Friis, backed by a bevy of high-profile investors and chiefed briefly by former Cisco Systems Inc. Full Article at The Deal: Blogs
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Online advertising and content syndication network Adconion Media Group said Tuesday that it acquired "certain assets" from beleaguered Web TV startup Joost. Terms of the transaction were not disclosed. Full Article at MediaPost.com
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Adconion Media Group, which operates a large global online ad network, has acquired a set of technology assets from Joost—the flagging Web video company that was once considered a serious challenger to YouTube and Hulu. Full Article at MediaWeek
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With the spin-out from eBay complete, its legal troubles with founders Niklas Zennstrom and Janus Friis settled, Skype is looking to the future where it wants to become a ubiquitous real-time communications platform. Full Article at GigaOM
About Niklas Zennstrom
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