VANCOUVER and HILLSBORO, OR – RadiSys Corporation today announced that it will buy privately-held Convedia Corporation, a leader in IP media processing technologies and IP Media Server products, for US$105 million.
Convedia’s platform products are at the heart of VoIP 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," says the press release.
Vancouver-based Convedia makes application- and platform-independent IP media processing products and technologies for VoIP and IMS networks. Convedia’s products enable fixed, mobile and cable service providers deploying IMS and pre-IMS services to reduce service delivery costs, and more rapidly introduce new innovative voice, video, and multimedia services, says the company. Convedia’s products enable enterprise customers to deliver new productivity enhancing applications and services on their converged enterprise networks while helping to reduce infrastructure and operating costs. Since pioneering the IP media server market in early 2000, Convedia has deployed its multi-service media processing platforms and technology with over 200 end customers worldwide, including over 25 of world’s top 50 carriers and numerous Fortune 500 customers.
The combination of the two companies 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, says the company.
RadiSys is the leading provider of advanced embedded solutions for the communications networking and commercial systems markets. Through intimate customer collaboration and combining innovative technologies and industry leading architecture, RadiSys helps OEMs bring better products to market faster and more economically, says the company. RadiSys products include embedded boards, platforms and systems, which are used in computing, processing and network intensive applications.
