BT Acquires Internet Phone Company Ribbit

Eric Eldon is on a roll today – first the CafePress scoop now a scoop on BT acquiring Internet phone company Ribbit for an undisclosed sum. We are tracking Eldon using the BrightKite mobile tracking service so we can see where he is getting these scoops from.

Ribbit claims to be "Silicon Valley’s first phone company" – whatever marketing firm they hired to create that slogan should be fired immediately.

Ribbit offers a variety of developer tools and APIs to leverage their telephony platform to build upon.

Ribbit recently partnered with Salesforce on business Internet telephony services. Ribbit raised $13 million in venture capital funding.

Update: 9:50PM – Eldon says Ribbit has denied the acquisition. This puts Eldon at 1-2 for today on scoops – as long as he doesn’t start claiming Mahalo was acquired by Microsoft, we are ok.