Yahoo Buys VoIP Company
Yahoo said it had acquired DialPad Communications, a six-year-old company whose software lets people make calls over the Internet for a fraction of the cost of regular telephone service. Financial details were not disclosed.
Yahoo will use DialPad to expand its product line in voice over Internet protocol, or VoIP, company spokeswoman Joanna Stevens said.
Atari Improves Quarterly, Yearly Results
Atari narrowed its fiscal fourth-quarter loss to $9.1 million, from $17.3 million in the comparable quarter last year, as the New York-based video-game manufacturer prepared to sell some non-core operations. Revenue for the quarter ended March 31 declined 3.3 percent to $62.7 million. For fiscal 2005, Atari earned $5.7 million, compared with a $38.6 million loss a year earlier. Revenue declined 11.7 percent to $395.2 million.
Bill Would Mandate Digital TV by 2008
U.S. television stations would have to convert to digital technology by the end of 2008 under a Senate bill introduced by John McCain (R-Ariz.) and Joseph I. Lieberman (D-Conn.). The bill also would provide a $463 million subsidy for digital conversion boxes for 9.3 million viewers, many of them low-income, who now receive free over-the-air signals, McCain's office said in a written statement.
Mergers & Acquisitions
Trend Micro Buys Kelkea
Trend Micro, a maker of anti-virus and network security software, said it bought Internet filter maker Kelkea to add to its technology base.
Kelkea's filters identify Internet threats such as spam and stop them from reaching users by blocking the source addresses. The company has an extensive database of profiles, statistics and history on more than 1.5 billion Web addresses, Trend Micro said.
Kelkea founder and chief executive Dave Rand was named chief technologist of Internet content and security.
Compiled from staff and news service reports.