Less than one week after Google announced its entry into instant messaging and Internet phone service, rival Internet company Microsoft announced it had acquired Teleo, Inc., a San Francisco-based
Voice over Internet Protocol company. An MSN spokeswoman said the company made the purchase in order to improve MSN Messenger's VoIP functionality. "As part of MSN's ongoing investments in Voice over
Internet Protocol (VoIP), Microsoft has acquired Teleo," the spokeswoman said. "MSN plans to combine the technology and expertise of Teleo with the existing VoIP investments to help advance MSN's
efforts to develop and deliver powerful customer solutions throughout the MSN network."
--Shankar Gupta