Google buys Global IP solutions

Google is buying Norwegian audio-video tech provider, Global IP Solutions for $68 million to build its real-time audio and video Internet capabilities. This will be an all cash transaction and will not need approval from competition authorities.

In Oslo-listed, San Francisco-based Global IP Solutions own words, “it is a leader in voice and video processing technology for IP networks. GIPS enables service providers, developers and hardware manufacturers to reduce network impairments such as delay, jitter and echo in real-time audio and video applications. --------

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