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Jaxtr snapped up by SabSe

Bargain buys week continues, as SabSe Technologies acquires jaxtr.  Sab-who?

Under the deal, SabSe will continue to maintain and expand the jaxtr service under the jaxtr brand alongside the SabSeBolo brand.  SabSe believes that jaxtr’s consumer services will complement its SMB portfolio and help to accelerate sales and market presence.

However, jaxtr seems to have plateau-ed at around 10 million users and there’s a whole bunch of other mobile VoIP players with the same me-too business plan of “save money on international calls, send free SMS messages, join our community” blah blah.

SabSe bills itself as a “leading developer of value-added applications for telecom providers” founded by HotMail co-founder Sabeer Bhatia, and serial entrepreneur Yogesh Patel. The company currently offers a free conferencing service targeted to the Indian market, SabseBolo (A Hindi word that means “Talk to everyone”, FYI) and a hosted PBX offering. As is typical with the freebie crowd, “free” conference call users can upgrade to paying plans to add additional features and functionality.

Driving SabSe’s offering is a platform designed to provide telephony apps as a service (TaaS, a spin on Saas) and there’s the typical web-based API for third-party development.  SabSe lists AirTel, Tata, and Celcom among its customers.

Yesterday, Natural Convergence bought NewStep Networks

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