Wire One Bought By BT

With Telco 2.0 looming this week in London this story is rather timely.

WireOne, a video conferencing service provider has been acquired by British Telecom. Long regarded as one of the more forward thinking and inventive telecom companies, BT is making the move to augment their video related comms offerings at a time where everyone from Cisco, LifeSize, Polycom and Tandberg are all seeing growth according to a newsletter I also read by Elliot Gold of Electronic Telespan.

The timing couldn't be better. With Video Conferencing growing in importance to companies and individuals, the BT purchase validates the marketplace as being emerging with a big and bright future.