Sabsebolo.com acquires Jaxtr

Sabse Technologies, the owner of the web conferencing site Sabsebolo.com, has acquired Jaxtr, a company that allows users make free international phone calls via a PC. The amount paid for theacquisition has not yet been disclosed.

Jaxtr, based in Melno Park, California, provides free and low-rate international calling services through computers to phones across the world.

The company claims tohave over 10 million customers across the globe. Jaxtr has raised more than $20 million in funding and its investors include three of the original Skype investors.

Sabsebolo.com is co-founded by Sabeer Bhatia and Yogesh Patel.According to the deal, Jaxtr will continue to operate under its ownbrand name and Sabse will maintain as well as expand the Jaxtr services.

Jaxtr allows its users to reduce their international call bills by enabling them to connect their mobile phones to the web. It also allows its members to send free SMS messages across the globe and have a free online voicemail box. It’s ‘Café Jaxtr’ tool allows the members to find like minded people and talk to them irrespective of whether they are online or not.

The acquisition will help SabSe in accelerating the deployment of its additional applications to Jaxtr's large user base and to leverage an instant audience for its technology. The acquisition is also expected to increase Sabse’s market penetration and boost its growth as both Sabse and Jaxtr operate in the same markets.

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