Google to Make Cash Offer to Acquire Global IP Solutions - 1 views
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Luca Nalin on 18 May 10Google on Tuesday said it will acquire Global IP Solutions Holding, which makes processing software for voice and video over IP, for $68.2 million. The deal means that Google will own the voice and video conferencing engine behind its competitors' instant messaging systems. Global IP Solutions (GIPS) provides best-in-class voice and video processing in IP communications. GIPS enables its customers to deliver unmatched quality, with a faster time to market and less risk than alternative solutions. Its customer list includes Nortel, Oracle, Samsung, WebEx, Yahoo!, AOL and other key players in the VoIP market. The purchase of GIPS comes a day before Google's I/O conference. Given Google's acquisition of Gizmo5 and its existing Google Voice service, the search giant appears to be collecting enough assets to give Skype and others competition on the consumer and business fronts. GIPS's software can also be layered into Google Apps in multiple areas as a business collaboration tool.