Printed from http://www.electronista.com

Google acquires Gizmo5 VoIP startup

updated 07:30 pm EST, Mon November 9, 2009

Buyout could make Google Voice a Skype competitor

Google has allegedly moved to acquire the VoIP startup Gizmo5, according to a TechCrunch report. Neither company has announced the sale, although the unnamed sources claim it has been finalized for a sum of $30 million in cash. The purchase follows recent reports that Skype was eying the startup, a deal that never came to fruition.

The Google move has fueled speculation that the company is planning to expand its current Google Voice service with true VoIP capabilities. Google Voice currently lacks the technology necessary to route incoming or outgoing calls to landlines and cellphones, a capability Gizmo5 already offers.

The additional capability is expected to transform Google Voice and Google Talk into a competitor against other VoIP companies such as Skype. Google's plans for the startup remain unknown, although the companies are said to be ready to soon make a formal announcement of the acquisition.



By Electronista Staff
Post tools:

TAGS :

toggle

Comments

Login Here

Not a member of the MacNN forums? Register now for free.

toggle

Network Headlines

toggle

Most Popular

Sponsor

Recent Reviews

D-Link Wi-Fi Smart Plug

Home automation fans have been getting their fair share of gadgets and accessories in the last few years. Starting with light bulbs, a ...

Razer Kraken Pro headset

Gaming headphones are a challenge to get right, for a long list of reasons that are unique to the consumer buying them. Some shoppers ...

Patriot Aero Wireless Mobile Drive

Regardless of how large a tablet you buy, you always want more space. There's always one more movie or another album you'd cram on, if ...

Sponsor

toggle

Most Commented

 
toggle

Popular News