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August 31, 2005 | From Associated Press
Microsoft Corp. said it had acquired Teleo Inc., a San Francisco start-up whose software lets people make calls from computers to traditional telephones. The deal for privately held Teleo, which closed Monday, could allow Redmond, Wash.-based Microsoft to gain a competitive edge in the growing market for Internet-based calling services. Terms were not disclosed. Microsoft already uses voice over Internet protocol technology in some products, including its instant-messaging program.
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BUSINESS
August 31, 2005 | From Associated Press
Microsoft Corp. said it had acquired Teleo Inc., a San Francisco start-up whose software lets people make calls from computers to traditional telephones. The deal for privately held Teleo, which closed Monday, could allow Redmond, Wash.-based Microsoft to gain a competitive edge in the growing market for Internet-based calling services. Terms were not disclosed. Microsoft already uses voice over Internet protocol technology in some products, including its instant-messaging program.
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BUSINESS
September 13, 2005 | Chris Gaither and Alex Pham, Times Staff Writers
Oracle Corp. and EBay Inc. went on a $10-billion shopping spree Monday -- the latest in a series of acquisitions that signal the buy-or-be-bought outlook of a maturing Silicon Valley. Oracle, which has closed seven other deals since January, bought Siebel Systems Inc. for $5.85 billion to eliminate a big rival in corporate software and position itself to challenge market leader SAP. EBay agreed to pay as much as $4.
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