BT Dials Up Another Deal
BT acquires Ribbit, which "provides an open platform which enables developers to create new and innovative voice applications and services by combining telephony and internet technologies in new ways."
A look at the competitive import of the move.
Earlier this year, we told you about BT's strategy: "The transformation of the venerable company once known as British Telecom is a dramatic story: the remaking of a former state-owned monopoly built on 19th century technology into a dynamic global enterprise. It involves the overhaul of a sprawling and inefficient tech organization and the strategic and cultural shift across an enormous company, all enabled by the development of a global IP network and services platform, and inspired and led in large part by a small group of technology executives."