Wednesday, August 31, 2005

ECT News Network Real-Time Alert

Microsoft Buys VoIP Company Teleo

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Microsoft today announced that it has acquired Teleo, a VoIP provider which has developed technology to enable the placement of PC phone calls to traditional phones. Financial details of the acquisition were not disclosed. The Redmond giant said that it will use Teleo's technology to extend its existing VoIP services.
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