by alec on September 24, 2009
Montreal based Mobivox announced this afternoon that it had been acquired by Indian / MountainView California startup SabSe Technologies. The brainchild of Hotmail co-founder Sabeer Bhatia, and serial entrepreneur Yogesh Patel, Sabse first launched the Sabsebolo.com conferencing service in India, then acquired Jaxtr in June of this past year, and has now acquired Mobivox.
Terms of the acquisition weren’t disclosed, but one source close to the deal said “It’s good for both parties, and plenty of development will be done out of Montreal.” That’s welcome, as Bhatia and Patel could have easily shipped the entire operation offshore.
To date, Sabse has launched a conference calling service, a hosted PBX provider, acquired an international VoIP player, and now they have bought a voice user interface player. What’s the end game? In this 2008 interview, Patel says:
We strongly believe Sabsebolo has the potential to be a dominant player in the market. Not only in the audio conferencing but may be the whole voice platform.
Bob Poe began his piece on this acquisition saying “It’s clear that many VoIP companies aren’t meant to be standalone telecom businesses”. In fact, the market is ripe for a roll-up of VoIP players, and SabSe is clearly taking on this role. Expect to see other players stepping up to the plate as well, as the market for interesting VoIP technology companies heats up.
And if anyone is counting, Mobivox’ exit to Sabse is the 16th in the last five years by a client of VoIP maven Andy Abramson…
by alec on September 24, 2009
Montreal based Mobivox announced this afternoon that it had been acquired by Indian / MountainView California startup SabSe Technologies. The brainchild of Hotmail co-founder Sabeer Bhatia, and serial entrepreneur Yogesh Patel, Sabse first launched the Sabsebolo.com conferencing service in India, then acquired Jaxtr in June of this past year, and has now acquired Mobivox.
Terms of the acquisition weren’t disclosed, but one source close to the deal said “It’s good for both parties, and plenty of development will be done out of Montreal.” That’s welcome, as Bhatia and Patel could have easily shipped the entire operation offshore.
To date, Sabse has launched a conference calling service, a hosted PBX provider, acquired an international VoIP player, and now they have bought a voice user interface player. What’s the end game? In this 2008 interview, Patel says:
We strongly believe Sabsebolo has the potential to be a dominant player in the market. Not only in the audio conferencing but may be the whole voice platform.
Bob Poe began his piece on this acquisition saying “It’s clear that many VoIP companies aren’t meant to be standalone telecom businesses”. In fact, the market is ripe for a roll-up of VoIP players, and SabSe is clearly taking on this role. Expect to see other players stepping up to the plate as well, as the market for interesting VoIP technology companies heats up.
And if anyone is counting, Mobivox’ exit to Sabse is the 16th in the last five years by a client of VoIP maven Andy Abramson…
