The company sources did not revealed the amount paid for aquisition. Jaxtr which claims to have about 10 million customers across the world, provides free and low-rate international calling services through computers to phones. Jaxtr has raised more than $20 million in funding and its investors include three of the original Skype investors.
As per the deal, Sabse, a web conferencing site will maintain as well as expand the Jaxtr services, while the later will continue to operate under its own brand name.
Sabse Technologies which is based in Mountain View, California, has developed an application in the TAAS (Telephony Applications as a Service) space coupled with a web based API (application programming interface) that allows development for telephony applications. Key clients of SabSe include AirTel, Tata and Celcom, among others.