Peter Kafka

Recent Posts by Peter Kafka

Google’s Grab of the Week: Android Video Chat-Maker Global IP Solutions

It has been nearly three weeks since Google bought a company. You didn’t think it was done buying, did you?

So here’s Global IP Solutions, which specializes in Internet voice and video chat. Google plans to buy the publicly traded company, which began life in Sweden and now hails from San Francisco, for $68 million.

As PaidContent notes, it’s fairly easy to see why Google (GOOG) would be interested in the company: Last month, GIPS announced a product that makes it easy for developers to integrate voice and video chat with Android apps.

GIPS will be Google’s 15th publicly disclosed buy since last summer, assuming there’s no On2-like drama with the deal. Google’s offer represents a 26 percent premium over the current trading price for GIPS and a 140 percent premium since the company announced it was playing footsie with a potential buyer back in January.


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The best and brightest are usually put to work on optimisation. … They will then go forward and solve the inefficiencies, and that’s where 99% of most energy is spent on. But, at some point you run out of room to improve things, and that’s when you have to step aside and ask, can we make it different?

— Horace Dediu, in a podcast interview with William Channer

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