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AT&T Buying Interwise

AT&T has agreed to acquire Interwise Inc., a Cambridge, Mass.-based provider of voice, online and video conferencing technologies. The deal is valued at approximately $121 million in cash. Interwise has raised nearly $90 million in total VC funding since 2000, from firms like Lazard Technology Partners, Wall Street Technology Partners, Leeds Equity, GIMV and STI Ventures.