I suspect this is one in a long list of companies currently in play between Google and Microsoft
Tellme was seen as a potential target for an initial public offering last year, though a stock deal never took place, nor did the company actually file registration documents with the Securities and Exchange Commission, a necessary precursor to going public. More recently, the company has been the subject of takeover rumors, including reports that it would be bought by Google or Microsoft.
The company, which is profitable, has raised more than $230 million through rounds of venture capital, the last of which came in October 2000.
Source: Sources say Microsoft near deal to buy Tellme | CNET News.com
Post a Comment