RadiSys to Acquire Convedia
RadiSys announced that it has entered into a definitive agreement to acquire Convedia, a provider of IP media processing technologies and IP Media Server products. Convedia's platform products are at the heart of VoIP ("Voice-over-Internet Protocol") networks and emerging IMS ("IP Multimedia Subsystem") deployments, enabling telecommunication service providers to deliver a broad range of value-added multimedia services to their residential and business customers.
The combination will facilitate RadiSys' penetration of the high growth VoIP equipment and IMS infrastructure markets as well as accelerate RadiSys' strategy to provide turnkey networking platforms. Convedia has deployed their products with more than 200 customers around the globe, including 25 of the top 50 global telecommunication service providers, and many Fortune 500 and enterprise customers. Convedia's full family of media servers will continue to be developed and enhanced under the RadiSys corporate brand. In addition, the two companies will leverage Convedia's eXMP (eXtended Media Processing(TM)), software technology to operate on RadiSys' market leading ATCA platforms to further expand the market opportunities of the combined entity.
Source: RadiSys
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