Google acquires Gizmo5 (voice over IP)

Companies in Relationship

Gizmo5, Google

Deal Facts

Initial Announcement Date: 11/09

Consideration: $30 million in cash (Source: TechCrunch)

Google acquires Gizmo5 for an estimated $30 million in cash. Gizmo5 provides internet telephony software for mobile phones and PCs. Gizmo5's technology supports incoming or outbound voice calls to real phones, competing with products such as Skype.

Strategic Implications

Google integrates Gizmo5 technology into Gmail/Gtalk, which enables a user to make phone calls directly from a Gmail inbox.

CurrentStatus


Copyright 2008-2015 George T. Geis. All Rights Reserved.