Sabeer Bhatia co-founded SabSe Technologies has acquired Jaxtr, a Internet Telephony startup based in Palo Alto. The amount of the acquisition has not been disclosed, but readers should keep in mind that Jaxtr, founded in 2005, had raised $21.5 million from a host of venture capitalists, including DFJ, Mayfield Fund, August Capital and Lehman Brothers. Terms of the deal - whether stock or cash based - have not been disclosed. Jaxtr was founded by Touraj Parang and Philip Mobin. Update: Some inputs that may give you an indication of the situation that Jaxtr was in: Jaxtr had laid off 13 employess in October, leaving it with 30 employees in all. Soon afterwards, CEO Konstantin Guericke stepped down. Interim CEO Koohestani had told TechCrunch then that on an average, paying members go through $10 worth of jax calling credits in nine days, with 68 percent of minutes of use paid for. Synergy with SabSe Technologies -- Audio Conferencing: In December 2008, Jaxtr launched FreeConnect, allowing free calling to mobile phones worldwide (details). The catch? Both callers will have to dial into local numbers. That is a form of audio conferencing, enabled by VoIP. A look at Sabsebolo.com reveals a similar model, albeit on the enterprise side. Sabsebolo also premium services at a marginal cost, and supports its services with advertising (rates). Jaxtr also offers paid services. -- Consumer and Enterprise: Jaxtr is a consumer focused business, and claims to have a worldwide user base of over 10 million, in 220 countries. The service will not be rebranded, and it…
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