Saturday, September 10, 2005

microsoft acquires Internet Voice startup

Microsoft Corp. said August 30 it had acquired Teleo Inc., a small San Francisco startup whose software lets people make calls from computers to traditional telephones.

Vonage said on September 6 that they had one million customers. Vonage has also managed to grow—it has doubled subscribers during the last six months—despite serious challenges from major U.S. cable operators Time Warner Cable, Cox Communications Inc., Cablevision Systems Corp. and Comcast Corp.

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