Featured Articles

Intel releases tiny 3G cell modem

Intel releases tiny 3G cell modem

Intel has released a 3G cellular modem with an integrated power amplifier that fits into a 300 mm2 footprint, claiming it…

More...
Braswell 14nm Atom slips to Q2 15

Braswell 14nm Atom slips to Q2 15

It's not all rosy in the house of Intel. It seems that upcoming Atom out-of-order cores might be giving this semiconductor…

More...
TSMC 16nm wafers coming in Q1 2015

TSMC 16nm wafers coming in Q1 2015

TSMC will start producing 16nm wafers in the first quarter of 2015. Sometime in the second quarter production should ramp up…

More...
Skylake-S LGA is 35W to 95W TDP part

Skylake-S LGA is 35W to 95W TDP part

Skylake-S is the ‘tock’ of the Haswell architecture and despite being delayed from the original plan, this desktop part is scheduled…

More...
Aerocool Dead Silence reviewed

Aerocool Dead Silence reviewed

Aerocool is well known for its gamer cases with aggressive styling. However, the Dead Silence chassis offers consumers a new choice,…

More...
Frontpage Slideshow | Copyright © 2006-2010 orks, a business unit of Nuevvo Webware Ltd.
Tuesday, 02 October 2007 13:57

AT&T to buy Interwise

Written by David Stellmack

Image

Web conferencing provider deal worth $121 million


 

AT&T, Inc. has announced that it will acquire privately held Interwise Inc., a U.S. global provider of voice, Web and video conferencing services to businesses, for approximately $121 million in cash. 

The deal will align Interwise’s IP-based conferencing and collaboration solution with AT&T's enterprise networking, communications and collaboration services, global MPLS-based IP network and its conferencing portfolio of services.  The deal is expected to close in the fourth quarter.

AT&T indicated that after the acquisition Interwise will operate as a business unit within AT&T’s Global Business Services. AT&T also indicated that it expects to retain the management team at Interwise as well as its domestic and international operations, including a research and development center located in Israel.

Frost & Sullivan, a technology industry research firm, has estimated that the global Web, audio and video conferencing business is worth about $5.9 billion annually and according to market trends will continue to grow.

Last modified on Tuesday, 02 October 2007 14:11

David Stellmack

E-mail: This e-mail address is being protected from spambots. You need JavaScript enabled to view it
blog comments powered by Disqus

 

Facebook activity

Latest Commented Articles

Recent Comments