VoIP and Software in the News again.
Well, FINALLY! As a shareholder of Sonorit I was asked to keep quiet and not blog about the companies (Sonorit and Camino Networks) at all. I kept my word and let the rest of the world find out about it before I blogged it. Yes, there are other shareholders of Sonorit that are industry names you would readily recognize. You may remember a story I posted last summer about a competitor to GIPS.
Andy ponders the reason for the purchase and delivers, as usual, a great summary on the transaction. He speculates that this buy will provide technology that eBay can own as opposed to license.I would say that is a good bet Andy, considering the current legal proceedings with GIPS, where some of the key people of Sonorit came from. UPDATE Alec chimes in and provides additional perspective on the deal. The story was also covered by: San Jose Business Journal BusinessWeek CIO.com