Tuesday, August 30, 2005

Microsoft Acquires Teleo for VoIP / MSN Integration

Microsoft has acquired Teleo, a developer of VoIP software and services for the consumer market. Teleo, a San Francisco-based start-up, had launched a beta application that integrates with Microsoft Outlook and Internet Explorer to provide a click-to-call VoIP connectivity to cell phones, regular phones or other PCs. The company was founded in 2003. Financial terms were not disclosed.

Microsoft said it will combine the Teleo technology with the existing VoIP investments of MSN to further develop products and services for consumers.http://teleo.msn.com/

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