HotMail Co-Founder and Telecom Serial Entrepreneur to Accelerate Market Penetration and Growth of Telephony Applications.
Mountain View, CA (PRWEB) June 8, 2009 -- SabSe Technologies, Inc. (www.SabSeBolo.com), a leading developer of value-added applications for telecom providers -- co-founded by HotMail co-founder Sabeer Bhatia, and proven serial entrepreneur Yogesh Patel -- today announced it has acquired jaxtr, the world's largest social communications company. Over the past several years, jaxtr has built a robust consumer service currently providing free and low-rate international calling to over ten million members around the globe.
Under the terms of the deal, SabSe will maintain and expand upon the jaxtr service, which will continue to operate under the jaxtr brand, alongside the company's existing SabSeBolo brand. SabSe's acquisition of jaxtr brings together two valuable consumer and business telecom applications now on a common platform. Jaxtr's large active user base will enable SabSe to accelerate deployment of its additional applications, and to leverage an instant audience for its innovative technology.
More details on http://news.yahoo.com/s/prweb/20090608/bs_prweb/prweb2504374
