Google has just announced the much-rumored acquisition of communications service GrandCentral. TechCrunch broke the news about the acquisition last week and is now reporting the deal is rumored to be somewhere in the range of $50 million. Details about final price and terms are confidential.
This is Google's latest move into the telecommunications market and one of their biggest. For current GrandCentral customers, service will go uninterrupted. For users interested in signing up, GrandCentral is now limiting sign-ups to invitation only.