Global IP Solutions (GIPS) announced today that Google will purchase the company for $68.2 million in cash. GIPS currently provides voice and video IP communications solutions for Nortel, Oracle, Samsung, Cisco WebEx, Yahoo, AOL, and more.
“The Web is evolving quickly as a development platform, and real-time video and audio communication over the Internet are becoming important new tools for users,” Rian Liebenberg, Engineering Director at Google said. “GIPS’s technology provides high quality, real-time audio and video over an IP network, and we’re looking forward to working with the GIPS team at Google to continue innovating for the Web platform,” he added.
It seems Google is gunning for capabilities enjoyed by Skype and its only a matter of time before Google launches a similar product providing to Skype.








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No. 11 2012 Issue