Ted On Flash: Ribbit acquired by British Telecom for $105M

Ribbit acquired by British Telecom for $105M

DIGG IT! 2 Comments Published Tuesday, July 29, 2008 at 8:59 AM .

Congratulations to the team at Ribbit, they are now apart of British Telecom. The deal closed at 8AM and it is a very good day for Adobe Flash Player as a platform. Ribbit has done an amazing job leveraging the existing API's of the Flash Player for audio based telephony. With the acquisition by BT, they are now going global and extending the reach of lightweight ip telephony.

I think we will look back at this event and realize that it was the start of a telephony race leveraging Flash Player similar to the web video revolution underway today.

Congratulations to the teams at Ribbit. Great work!

Ted :)

2 Responses to “ Ribbit acquired by British Telecom for $105M ”

# Tink July 29, 2008 11:19 AM

This is great news. BT has been playing catch up on the whole internet thing for quite some time now, so good to see them taking a leap forward.
# Jensa July 30, 2008 5:19 AM

Very cool! Congrats to the devs involved and those that dared the bet - it paid off big time!

J