Gizmo5 sells out to Google

The rumours have been flying and it was thought that Gizmo5 would be the sensible acquisition for the new Skype as a basis for replacing the P2P technology that was reliant on JoltID (and why JoltID was suing Ebay).

Events have now significantly changed the market, JoltID has come to an agreement with Skype/Ebay where-upon their P2P technology will be owned outright and Gizmo5 has been purchased by Google.

Gizmo5 was started by Michael Robertson and has around 6m users while using non proprietary SIP VoIP protocols. It is expected that Google will integrate Gizmo5 into their GoogleTalk product line (and maybe Google Voice).