Voxeo pulls another cloud telephony company into its orbit

Voxeo is continuing its M+A strategy bringing on a smaller competitor Teleku for an undisclosed amount of money. The Fla.-based IP telephony company has also recently bought up a number of other complementary companies: IMified, an instant messaging platform, VoiceObjects, a self-service voice systems company, and Micromethod Technologies, a communications collaboration software maker.

This latest acquisition of Teleku serves as a compliment to Voxeo's Tropo, the service provider's cloud-based web and telephony development platform. The goal of both services was creating a cloud-based voice and text applications platform for web developers. Teleku adds an easy to use API that supports multiple web-telephony XML formats including VoiceXML, Twilio's TwiML as well as PhoneML.

For more:
- read the article

Related news:
Voxeo raises $9M for more acquisitions