Microsoft buys Teleo

Filed in archive Venture Capital on September 4, 2005

Teleo has found a very early exit to Microsoft:

"Microsoft has its eyes set on something more like Net phone company Skype's service, however. A key part of Teleo's technology is focused on making calls from a computer to an ordinary telephone, a feature that company executives said would start finding its way into MSN Messenger before the end of 2005.

"We've been making a lot of investments in voice, but as we looked at continuing...we had that build or buy discussion," said brooke Richardson, lead product manager for MSN's communication services division. "We decided that if we wanted to do things rapidly, Teleo was a good fit."

Congratulations!

We had Teleo featured with an interview of Peter Sisson, CEO of Teleo. He had outlined some great ideas that convinced us of their great success chances then and he has convinced MS, at it seems, as well...