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

Advertisement

Recent Reviews

Linksys WRT1200AC Wi-Fi Router

Once upon a time, a brand-new Linksys router showed up on our doorstep. So we gathered some network-minded friends together, and hooke ...

Rapoo A300 Mini Bluetooth NFC Speaker

The Rapoo Bluetooth Mini NFC Speaker is a little metallic box about the size of a baseball. In spite of its small size, we were very p ...

Neurio Intelligent Home Monitor

The recently released Neurio Intelligent Home Monitor is a piece of hardware that, when integrated into a home's breaker box, monitors ...

Advertisement

toggle

Most Commented

 
toggle

Popular News