AT&T agreed to acquire privately held Interwise, 
a provider of voice, Web and video conferencing services to businesses, for $121 million in cash. AT&T plans to align Interwise’s IP-based conferencing and collaboration solution with its enterprise networking, communications and collaboration services, global MPLS-based IP network and its industry-leading conferencing portfolio of services.
AT&T said it expect to retain Interwise’s management team and its domestic and international operations, including its R&D center in Israel. Interwise is headquartered in Cambridge, Mass., and employs approximately 150 people. It operates in the United States, Europe and Asia with offices in six countries.
http://www.att.com
http://www.interwise.com
