AT&T buys Interwise for $121 million

Telcos continue to pick off the cream of the crop among business services specialists. Just after BT made its fifth enterprise IT-related acquisition in the last two years, AT&T has acquired business IP video and web conferencing firm Interwise.

Two decades ago--and arguably even at the beginning of this decade--telcos couldn't have cared less about the individual needs of businesses and corporate enterprises. Everyone got just about the same services and bandwidth options and had to deal with it, but telcos seems to be adjusting to a newly competitive era rather nicely.

For more:
- Network World covers the AT&T/Interwise deal