Feeds

Google gobbles up confab-over-IP firm GIPS for $68m

Pauses briefly to pick teeth and look round for more

Intelligent flash storage arrays

Google has bought a Swedish VoIP company called Global IP Solutions - which is traded on the Oslo Stock Exchange.

The deal values GIPS at $68.2m. Google is offering $2.12 per share in cash - 24 per cent more than the shares have been selling for on average over the last three months.

GIPS provides software for voice and video conferencing and unified communications.

Google said the purchase reflected the growing importance of real-time voice and video communication.

Customers include Yahoo!, Nortel Networks, Samsung, Baidu and Brasil Telecom.

The deal has already been approved by GIPS' board of directors, and owners of more than half the shares have also signalled their acceptance of the buyout. The deal is not expected to require regulatory approval in any territory.

GIPS is run from San Francisco with offices in Boston, Stockholm and Hong Kong. ®

Secure remote control for conventional and virtual desktops

More from The Register

next story
Same old iPad? NO. The new 'soft SIMs' are BIG NEWS
AppleSIM 'ware to allow quick switch of carriers
Arab States make play for greater government control of the internet
Nerds told to get lost in last-minute power grab bid at UN meeting
Brits: Google, can you scrape 60k pages from web, pleeease
Hey, c'mon Choc Factory, it's our 'right to be forgotten'
Of COURSE Stephen Elop's to blame for Nokia woes, says author
'Google did have some unique propositions for Nokia'
It's even GRIMMER up North after MEGA SKY BROADBAND OUTAGE
By 'eck! Eccles cake production thrown into jeopardy
Mobile coverage on trains really is pants
You thought it was just *insert your provider here*, but now we have numbers
Don't mess with Texas ('cos it's getting Google Fiber and you're not)
A bit late, but company says 1Gbps Austin network almost ready to compete with AT&T
prev story

Whitepapers

Forging a new future with identity relationship management
Learn about ForgeRock's next generation IRM platform and how it is designed to empower CEOS's and enterprises to engage with consumers.
Why cloud backup?
Combining the latest advancements in disk-based backup with secure, integrated, cloud technologies offer organizations fast and assured recovery of their critical enterprise data.
Win a year’s supply of chocolate
There is no techie angle to this competition so we're not going to pretend there is, but everyone loves chocolate so who cares.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?
Intelligent flash storage arrays
Tegile Intelligent Storage Arrays with IntelliFlash helps IT boost storage utilization and effciency while delivering unmatched storage savings and performance.