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Report: Gizmo5 In Acquisition Talks With Skype

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Voice-over-IP service Skype is in the midst of negotiations to buy San Diego-based Gizmo5 , according to a report in TechCrunch. According to the report, Skype is looking to pay around $50M for Gizmo5, which develops voice-over-IP based, Internet calling software based on the SIP standard. READ MORE>>.

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j2 Global Buys Two Australian Companies

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Los Angeles-based j2 Global said this morning that it has acquired the Internet fax business of two different, Australian service providers, as it continues to gobble up Internet service providers. Financial terms of the two acquisition were not announced. Financial terms of the two acquisition were not announced.

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OpenGate Capital Buys Latin American System Integrators

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Both businesses provide Internet Protocol (IP) and Unified Communications (UC) systems integration services across Latin America. OpenGate Capital said the acquisition will help complement two of its existing, private equity portfolio companies--Getronics and Sopho. Financial details of the buy were not disclosed. READ MORE>>.

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Logicube Buys IP Rights From Partner

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The firm had originally co-developed the technology--used to capture data from cell phones, PDAs, and GPS devices--along with Forensic Science Service. Financial terms of the acquisition were not disclosed. Tags: logicube hard drive electronic forensics merger acquisition.

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BandCon Acquired By Highwinds

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Costa Mesa-based BandCon , a provider of content delivery network and related Internet infrastructure, has been acquired by Highwinds , an Internet services provider based in Florida. As part of the acquisition, BandCon founder and CEO Ari Benowitz become chief revenue officer at Highwinds.

IP 133
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MegaPath Merges With Covad Communications

socalTECH

Costa Mesa-based MegaPath , a provider of IP, voice, and security services, has merged with broadband provider Covad Communications , the firm announced today. According to the firms, pending fedreal and state regulatory approval, the merger will create one of the largest, managed service local exchange carriers (MSLECs) in the U.S.

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