Ericsson Buys Into VoIP With Netwise

Buried in the New York Times story about Microsoft’s venture investments in Europe, a juicy nugget:

Ericsson, the Stockholm-based mobile network company, said today that it would buy Netwise, a Swedish developer of Internet phone software, for 300 million kronor, or $42.3 million.

What do you guys make of this acquisition? Good, Bad and perhaps Why?

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