Canadian VOIP, IMS leader purchased

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...