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Short Take: Tut acquires Net telephony start-up

Tut Systems, which makes technology that allows property owners to wire apartments, offices and hotels with high-speed Net access, has acquired Internet telephony start-up ActiveTelco for $36.5 million. The acquisition will allow Tut to add in phone and fax services to its products.

Tut Systems, which makes technology that allows property owners to wire apartments, offices and hotels with high-speed Net access, has acquired Internet telephony start-up ActiveTelco for $36.5 million. The acquisition will allow Tut to add in phone and fax services to its products.