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Yahoo Buys VOIP Provider, Blog Update Service
In a spree of acquisitions, Yahoo Inc. is laying the groundwork to make its instant messaging service talk with the traditional phone networks and to play a bigger role in distributing Weblog updates.
Officials with the online company confirmed two separate acquisitions on Tuesday - its purchase of Dialpad Communications Inc., a consumer Internet telephony provider, and its addition of syndication-feed pinging service blo.gs.
Yahoo's purchase of Dialpad is likely to gain the most attention because it positions the company squarely in competition with consumer VOIP (voice over IP) services such as Skype Technologies S.A. as well as with America Online Inc.'s rival IM service, which has laid out plans to add VOIP features.
Sunnyvale, Calif.-based Yahoo also is in a close relationship with one of the nation's largest traditional phone companies, SBC, as part of the SBC Yahoo DSL service.
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