Microsoft Corp. yesterday announced it has acquired Teleo Inc., a provider of Voice over Internet Protocol (VoIP) software and services.
Microsoft aims to combine the existing technology and knowledge of Teleo with the VoIP capabilities of MSN to further develop products and services that connect users to the people and information that most matter to them.
Founded in 2003 and headquartered in San Francisco, Teleo was a privately held company whose initial planned service offering was designed to allow customers to use their PC to make phone calls to cell phones, regular phones or other PCs. Through its integration with Microsoft Outlook and Internet Explorer, the Teleo service was designed to facilitate "click-to-call" dialing of any telephone number that appears on-screen, for example through a Web site or via search results or e-mail.
Microsoft plans to incorporate and expand upon Teleo technologies, integrating them into MSN Messenger and ultimately, projects delivering new VoIP applications in future releases of other MSN services.
Blake Irving, vice president of the MSN Communication Services said,
"Teleo has great technology to deliver superior VoIP quality and an excellent overall customer experience. This acquisition opens up infinite opportunities for Microsoft to enable even more relationship-centric communications experiences for our customers in the future."
Wendell Brown, co-founder of Teleo added,
"It's going to be very exciting to see Teleo software extended into MSN products and services that millions of consumers worldwide rely upon every day for their information and communication needs. The union of our respective technologies and talents has the potential to deliver great value to customers."
Members of the Teleo executive team will continue to work closely with MSN following the acquisition, and a number of Teleo product developers are expected to join the MSN ranks.
Financial details of the deal were not disclosed.
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