Microsoft Acquires Internet Voice Startup

Iria · Aug 31, 2005, 05:02 AM

Microsoft Corp. said Tuesday it had acquired Teleo Inc., a small San Francisco startup whose software lets people make calls from computers to traditional telephones.

The deal for privately held Teleo, which closed Monday, could allow Redmond-based Microsoft to gain a competitive edge in the growing market for Internet-based calling services. Terms were not disclosed.
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Read More / Source: SFGate

Aug 31, 2005, 05:02 AM	#1
Iria DriverHeaven Extreme Member Join Date: Apr 2004 Posts: 7,275 Rep Power: 76	Microsoft Acquires Internet Voice Startup Microsoft Corp. said Tuesday it had acquired Teleo Inc., a small San Francisco startup whose software lets people make calls from computers to traditional telephones. The deal for privately held Teleo, which closed Monday, could allow Redmond-based Microsoft to gain a competitive edge in the growing market for Internet-based calling services. Terms were not disclosed. __________ Read More / Source: SFGate