thanks for the article and here is the relevant part. also nice to see ipo could be next week and we still have not heard about snap:
Net2Phone
Net2Phone's (NTOP: news, msgs) $66 million IPO with underwriter Hambrecht & Quist is expected to roll next week, said CommScan Analytics.
The company set a price range of $10 to $12 per share in a recent filing, which also detailed new strategic partnerships with Compaq (CPQ: news, msgs), Ziff Davis's (ZD: news, msgs) ZDNet and General Electric (GE: news, msgs) units NBC and Snap.com.
A Compaq spokesman said he would comment later Wednesday afternoon about a Web site that offers Net2Phone software to buyers of its computers overseas.
A spokesman for IDT (IDTC: news, msgs), the parent of Hackensack, N.J.-based Net2Phone, confirmed that the Web site is active. The company declined further comment.
In its filing, Net2Phone said its software is featured as a download from a special Compaq Web site accessible directly from the Compaq-branded keyboard.
The software may be pre-installed on Compaq-branded computers distributed internationally and may be included with their other products, the company said in the filing.
"That could be big," said Jefferies & Co.'s Gregory Miller said of the relationship with Compaq.
Snap.com, a unit of Net2Phone investor General Electric, will display Net2Phone as its preferred Web telephony service. NBC will also pitch in about $1.5 million in media support for Net2Phone.
The moves follows comments in May that GE was eyeing Net2Phone deals for its properties. See related story.
Net2Phone's Web-based Internet telephony service will be integrated throughout the ZDNet Web site. |