Vonage today announced that it is acquiring communications platform-as-a-service provider Nexmo in a cash and stock deal valued at $230 million. Nexmo counts some 350 customers and over 100,000 registered developers, and says that it is processing 5 billion API calls every year.
Out of a beige windowless office in Chicago comes a product that just might revolutionize what you thought was possible on the web. X-Stream.ly is a pure play API service offering low-latency high throughput real time messaging with no server side coding required. The x-stream.ly API is a pretty competitive offering in the real time API space.