The internet-telephony company, Ribbit , has finally allowed BT to
buy it for a cash sum of $105m with the hope that this will
stiffing up competition against communication giant which includes
Google's Android platform and Skype. The partners hope to be on the
fore front of the industry's market.
Ribbit, also known as 'Silicon Valley's first phone company', provides
'an open platform' to developers, who can create internet-telephony
applications and services around this. Its technology brings together
communications over mobile phones, landlines, desktop applications and
internet applications. For example, the company's Amphibian
application — which is yet to launch — lets voicemail be managed like
email on the desktop or phone, with audio messages transcribed into
searchable text. Existing applications of Ribbit's technology have
seen developers integrate voice into Salesforce.com and create voice
applications to run within Facebook and iGoogle.
The company's multi-protocol softswitch, or software-based
call-switching technology, can also handle calls from services such as
Google Talk and Skype, a BT spokesperson told
ZDNet.co.uk on Tuesday.
Which 802.11n frequency band goes fastest and furthest — 5GHz or
2.4GHz? Dialogue Box fires up its new router and takes a laptop on a
wireless walkabout.
Speaking on this new development, Ribbit's chief executive, Ted
Griggs, said BT was "exactly the partner" his company had been
seeking. "The communications industry is entering a new phase," he
said. "Closed networks are becoming open platforms and developers are
now driving innovation. By adding Ribbit's capability to the power of
BT's global 21CN platform, we will now be able to give the development
community the tools they need to innovate on a global scale", Griggs
said in a statement.
In his own remark, BT spokesperson said in an email that
the Ribbit acquisition would help BT "leapfrog competition and gain a
strategic advantage in the Silicon Valley 'telco 2.0' platform race,
which includes Google Android and Apple's iPhone [software-development
kit.
It is also believed that the acquired technology would pit BT against
services such as Skype and Google's GrandCentral on the
unified-communications side.
Ribbit will retain its name and management team as it becomes part of
BT. The Mountain View-based Company's platform will be integrated into
BT's existing web services
Labels: VoIP News