Content area
Full Text
VoIP provider 8x8 today announced it has acquired cloud and hosting service provider Zerigo-a move 8x8 hopes will help bring a technology edge to its cloud service offerings.
8x8 started out as a residential VoIP provider, but that business now comprises only about 10% of the company's revenues, said 8x8 Chairman and CEO Bryan Martin in an interview this morning. The other 90% of the company's revenues come from small and medium businesses (CP: VoIP provider 8x8's profit spikes as it climbs up-market)-and although the vast majority of those revenues are from hosted VoIP, cloud service and hosting revenues are an increasingly important component.
"Over...