Wednesday, July 16, 2003

8x8 Sells French iPBX Division for $1.27 M

8x8 Sells French iPBX Division for $1.27 M

This is good news for the Packet8 broadband telephone service. 8x8 seems to be selling its others businesses to generate cash to put behind Packet8

They also seem to be cutting staff to trim their burn rate. Again, this seems to bolster their efforts for the Packet8 telephone service.

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