Tuesday, June 14, 2005

Yahoo buys Dial Pad

Hot scoop from Om Malik's Broadband Blog : Yahoo buys Dial Pad!

"Yahoo, like other IM providers might have been late to the VoIP party, but the company is quickly making up for lost time. Barely a month after launching its own VoIP enabled IM beta product, the company snapped up DialPad, a VoIP company that sells PC2PC and PC2Phone services to consumers. “What we saw in DialPad was quick way to add PC2Phone and inbound calls,” says Joanna Stevens, Yahoo’s VP of Corporate Communications. Yahoo will integrate Dialpad’s services with its new IM product.

Dialpad provides Yahoo immediately with a proven platform that delivers least cost routing, the Dialpad engine that routes international traffic and enables termination plus gives them the billing, OSS and capability to make a Pre-Paid offering that terminates and possibly originates PSTN calling. Clearly this means Yahoo is going after the international audience and is looking to go right after Skype.

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