Google to Buy VoIP, Videoconferencing Company

Tuesday May 18th 2010 by Staff

The search giant has offered $68.2 million for Global IP Solutions.

Cnet: Google has offered to pay $68.2 million for Norwegian-based Global IP Solutions (GIPS). GIPS specializes in Internet telephony and videoconferencing, and Google could use its technology to expand Google Voice services.

"The Web is evolving quickly as a development platform, and real-time video and audio communication over the Internet are becoming important new tools for users," said Google's Rian Liebenberg. "GIPS' technology provides high quality, real-time audio and video over an IP [Internet Protocol] network, and we're looking forward to working with the GIPS team at Google to continue innovating for the Web platform."

The GIPS board of directors has recommended that shareholders accept the offer.

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