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
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· Skype Technologies has acquired Internet voice technology company Sonorit. This is Skype / eBay move in the right direction to complete with Microsoft, Google, AOL and Yahoo, Skype core biz is voice and it cannot afford to depend on the 3rd party license, but must own the core voice technology, like Microsoft does,
· However Sonorit/Camino is too small (less then 10 people), was formed as a company just several months ago, has no shipping product, has no single customer, so this acquisition does not solve Skype technology hole yet,
· This acquisition is not to avoid paying royalties to GIPS, this is strategic Skype technology move to compete with Microsoft, Google, AOL and Yahoo, there are several clear less costy ways for Skype to stop paying royalties to GIPS,
· This acquisition validates again high market prices for software voice technology companies, like Skype itself, GIPS, Camino and SPIRIT DSP
You can thank GIPS for your little stock gain. If it wasn't for such lousy voip, Skype never would have been bought for $4 billion. Hmmm...
Great Posts. About Sonorit buyout Skype for $27 is pretty big news if you are in the VOIP world
I should just visit this blog for VOIP news instead searching for VOIP in other news websites.
Louis
http://www.ez-voip-phone-service.com
rick is absolutely right. GIPS is the leading provider of embedded voice-processing solutions for the Voice over IP (VoIP) market,
And 'VoIP Tips' Come to my blog to discuss these news
http://voip-phone-service-equipment.blogspot.com
%-) :*) B:-) :-{)
So what +-:-)
The acquisition will allow Skype to add experts in online voice engineering to its own team of technologists to help design and develop Skype for the future.
http://www.voipphone-service.blogspot.com
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