Skype the acquisition of 65% of Skype for $1.9 billion from eBay, which attributed to the enterprise a market value of $2.92 billion. Microsoft bought Skype in May 2011 for $8.5 billion. Skype division headquarters are in Luxembourg, but most of the development team and 44% of all the division's employees are still situated in Tallinn and Tartu, Estonia. Skype allows users to communicate over the Internet by voice, using a microphone, by video using a webcam, and by instant messaging. Skype-to-Skype calls to other users are free of charge, while calls to landline telephones and mobile phones (over traditional telephone
Teleo Teleo Teleo was a peer-to-peer Voice over Internet Protocol (VoIP) network founded in by Wendell Brown, Andy Moeck and Craig Taro Gold in 2005. Teleo was an early competitor to Skype. The San-Francisco-based company's VoIP system enabled desktop and laptop PC users to send and receive phone calls over the Internet. Users could speak to other Teleo users for free, call traditional telephone numbers for a fee, and receive calls from traditional phones. Teleo provided internet telephony applications that bridged the gap between computer desktops, land line phones, and cell phones. Teleo's software allowed users to place and receive phone