Microsoft (MSFT:Nasdaq - news - research -
Cramer's Take) is acquiring a small Swiss voice-
over-Internet protocol company in a move designed
to speed up the software titan's effort to unify
different forms of communication online.
Microsoft said Thursday that it has agreed to buy
Media-streams.com, a privately held firm in
Zurich, Switzerland. Financial terms were not
disclosed.
Media-stream's VoIP technology, which enables
telephone calls over the Internet, will become a
core part of Microsoft's platform that enables
workers to use the Web to collaborate on projects.
Microsoft envisions such collaboration
encompassing several different modes of
communication, including email, instant messaging,
Web conferencing and telephone calls via the
Internet.
Media-streams is the second VoIP firm acquired by
Microsoft in the last few months. In August,
Microsoft acquired Teleo, whose VoIP technology
was developed to work closely with Microsoft
Outlook and Internet Explorer and was targeted
specifically at mobile professionals.
While the technology from Media-streams and Teleo
is more focused on workers, Microsoft also is
using VoIP in consumer products, including its
Xbox Live online video game service.
VoIP has become a key technology for Internet
firms. Virtually all of the big Internet players --
Google (GOOG:Nasdaq - news - research - Cramer's
Take), Yahoo! (YHOO:NYSE - news - research -
Cramer's Take) and Time Warner's (TWX:NYSE - news -
research - Cramer's Take) America Online -- offer
some form of VoIP telephone calling with their
instant messenger services. And online auction
firm eBay dived into the fray in September with
its massive $4 billion-plus acquisition of VoIP
phone company Skype.
Shares of Microsoft were up two pennies at $26.48
in recent trading.