Microsoft Buys VoIP Start-Up Teleo

Microsoft announces its purchase of Teleo, a small Internet calling start-up, as a part of a move to expand the capabilities of MSN Messenger.

Microsoft has its eyes set on something more like Net phone company Skype's service, however. A key part of Teleo's technology is focused on making calls from a computer to an ordinary telephone, a feature that company executives said would start finding its way into MSN Messenger before the end of 2005.

- News.com