Google, Inc. has purchased internet VoIP company Global IP Solutions for a cool $68.2 million; a 27.5% premium over the company’s current stock price. While Global IP may not be a household name, you might be familiar with what they provide and to whom they provide it: the back-end VoIP engine used by the Yahoo!, AIM, WebEx, Baidu, and Lotus chat systems. Google continues to bolster its portfolio of acquired companies that supplement its Google Voice and Google Talk services — you may recall Google purchasing internet chat/VoIP company Gizmo5 several months ago — but we have yet to see any drastic feature changes/additions in said services. The future looks bright for Google Voice and Talk…although we do wonder about the VoIP fate of Yahoo! et. al now that Google owns their voice over IP engine.
Google buys Global IP Solutions, adds to VoIP holdings
Updated Dec 19th, 2018 6:38PM EST
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