SabSe Technologies Acquires Jaxtr

SabSe Technologies, Inc., a developer of value-added applications for telecom providers, has acquired jaxtr, a social communications company.

 

Jaxtr (News - Alert), over the past several years, has built a strong consumer service currently providing free and low-rate international calling to more than 10 million members around the globe. Jaxtr members can find like-minded people in café jaxtr and actually talk with members who share their interests, whether or not they are online. By posting their jaxtr link on Facebook, LinkedIn and other social networking profiles, members can hear from callers worldwide while keeping their existing phone number private and screen calls before their phone even rings.

                          

SabSe officials said that the company will maintain and expand upon the jaxtr service, which will continue to operate under the jaxtr brand, alongside the company's existing SabSeBolo brand.

 

Officials said that the acquisition of jaxtr brings together two valuable consumer and business telecom applications now on a common platform.

 

Jaxtr's large active user base will enable SabSe to accelerate deployment of its additional applications, and to leverage an instant audience for its innovative technology.

 

"Jaxtr's consumer services complement SabSe's SMB portfolio perfectly," said Sabeer Bhatia, who also serves as SabSe's chairman, in a statement.

 

Yogesh Patel, SabSe CEO,  said that aside from increasing the company’s market penetration, this acquisition will enable serious growth for SabSe as it works with the local markets jaxtr currently serves.

 

"Jaxtr's customer base, technology, and active users will be significant in our accelerating SabSe's sales and market presence at a tremendous pace," Patel added.

 

SabSe Technologies has developed a strong platform aimed at providing "Telephony Applications as a Service" (TAAS), coupled with a web-based API, allowing for rapid development for telephony applications.

 

In the last few years, SabSe has become a major player in developing value-added applications, which are easily deployed by telcos around the world. SabSe was co-founded by HotMail co-founder Sabeer Bhatia, and proven serial entrepreneur Yogesh Patel.