Verso Gobbles Up Softswitch Startup sentitO.

Verso Technologies is buying softswitch maker sentitO in an all-stock deal that looks like it could be worth somewhere in the neighborhood of $10 million (in terms of stock market trading prices) if all revenue goals are met.

Verso's picking up the hot little VoIP house both for its technology - it took the lead in hawking softswitches with distributed intelligence at the edge (Broadband Business Forecast, Oct. 18, 2005) - and for its market prowess that is said to include a strong presence in Russia and Eastern Europe.

On the face of it, the venture capitalists who so far have plowed $67 million into sentitO are getting back only a fraction of their …