It’s not written in stone yet, but it seems likely that British Telecom is set to spend $55 million to but Silicon Valley-based Internet-phone software developer Ribbit, according to the Guardian. Ribbit has created software lets developers design apps to bring together mobile and landlines phones and social networking sites – the concept called unified communications.
It’s a concept that interested Google, which recently spent $50 to acquire Grand Central, a company working in this field.


