signed an agreement with
to develop Internet protocol voice services using broadband connections.
The companies didn't disclose any financial details of the agreement in their joint release. Net2Phone's voice over IP technology will be added to Broadcom's xChange software and residential broadband gateway reference designs.
Shares of Broadcom recently surged 6.3%, or $5.38, to $90.50, while Net2Phone fell 13 cents, or 0.9%, $14.06 in
Separately, Net2Phone and
broadband communications sector agreed to develop products and applications that integrate Motorola's IP telephony products, including the SURFboard SB3500 cable modem, with Net2Phone's VoIP communications network.