The intellectual property of VoIP startup 3Jam (News - Alert) has been acquired, that much we know. What is still unclear, however, is the name of the acquiring company.
San Francisco-based 3Jam, one of the pioneers of group and virtual texting, announced on its website on Monday that the company's assets have been purchased and its website and services will be shut down in the next few months. 3Jam chief executive officer Enlai Chu failed to provide the name of the buyer, noting only that the transition plan with be unveiled “at a later date.”
“3jam has been committed to providing innovative and efficient ways for people to communicate, and we are looking forward to seeing these technologies further developed and delivered in a new strategic direction,” Chu wrote in a blog post.
While the acquiring company has yet to be formally announced, Tomio Geron from Forbes has made an educated guess. After doing a little Internet sleuthing, Geron discovered that Chu updated his LinkedIn profile page to show him working at Web video calling giant Skype (News - Alert). Chu's page indicates that he has been a Senior Product Manager at the eBay-owned VoIP firm since March of this year.
Does this mean that Skype acquired 3Jam? No, not necessarily, but it would make some sense. 3Jam's VoIP-based services, which include comprehensive messaging, call transcription, call routing, visual voicemail, SMS-to-email and virtual phone numbers, could help Skype compete with Google (News - Alert) Voice and other major players in the VoIP game, Geron speculates.
In other M&A news, TechCrunch reported earlier today that Twitter has agreed to purchase third-party app maker TweetDeck for between $40 and $50 million. TechCrunch's Michael Arrington said that Twitter made an unsolicited counter offer to keep TweetDeck away from Bill Gross's UberMedia, which has acquired several Twitter-related apps in recent years, leading many to speculate whether the Pasadena-based Web company is planning a rival platform. UberMedia reported made an offer in the neighborhood of $25 to $30 million.
Beecher Tuttle is a TMCnet contributor. He has extensive experience writing and editing for print publications and online news websites. He has specialized in a variety of industries, including health care technology, politics and education. To read more of his articles, please visit his columnist page.
Edited by Jennifer Russell