Sunday, January 28, 2007

Global IP Sound Becomes Global IP Solutions, Acquires Video Codec

Global IP Sound, a supplier of voice quality enhancement software for VoIP, has re-named itself to Global IP Solutions (GIPS) to reflect the expansion and broadening of its market position, including new multi-media technology to be integrated with all of GIPS offerings and real-time applications for the Enterprise market.

GIPS acquired Espre Solutions patented video codec technology, which it plans to incorporate into all GIPS' client and server Engines, enabling service providers, application developers, and hardware manufacturers to develop IP enabled media with enhanced sound and image quality. Financial terms were not disclosed.

GIPS has also acquired CrystalVoice, a provider of real-time IP-based applications, and plans to offer enterprise-based solutions. The acquisition includes patented security and packet management technologies that offer targeted enterprise based solutions. GIPS said it will partner with Cisco, Avaya and 3COM to offer these enterprise market solutions, which include Remote Extension and Click-to-Talk functionality. Remote Extension provides the ability to have high quality and secure voice extensions to enterprise IP-PBX networks. Click-to-Talk will allow enterprises to integrate communication functionality to any web site allowing those enterprises to offer immediate VoIP connectivity to their markets. Financial terms of this deal were not disclosed.

http://www.globalipsound.comCompanies using Global IP Solutions products include Nortel, Skype, WebEx, Yahoo!, AOL, EarthLink, BlueCross/BlueShield and other key players in the VoIP market.


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