Friday, December 28, 2007

Intel will sell the assets of its media and signaling business to Eicon Networks

Intel will sell the assets of its media and signaling business to Eicon Networks. The acquisition is expected to allow Eicon to become a leading player in the media processing and signaling market segment. The sale will enable Intel to focus its investments on its core communications and embedded businesses, including Intel(R) Architecture and network processors, modular communications platforms and optical modules. The transaction is expected to close in approximately four to six weeks and is subject to regulatory review and normal closing conditions. Financial terms are not being disclosed.

Intel's media and signaling business includes all of the product lines from Intel's Dialogic acquisition, as well as Host Media Processing (HMP) software and HMP-enabled blades. Intel's complete line of SS7, PBX integration and gateway solutions are also included in the sale.

With Eicon's complementary Diva Server line of products, it is anticipated that the acquisition will enable Eicon to provide enhanced enterprise and service provider offerings to current Eicon and Intel customers as well as future customers. Eicon plans to continue to work closely with Intel as an active member of the Intel(R) Communication Alliance.

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