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Dialogic to acquire NMS Communications Platforms business

2008-09-19 12:10:40

Montreal, Canada - Dialogic Corporation has announced that it has a definitive agreement with NMS Communications Corp to acquire the NMS Communications Platforms business, which provides enabling technology and tools for value added services in mobile telecoms. The NMS Communications Platforms business features the Open Access family of boards and APIs including PacketMedia Host Media Processing, and the AG series, TX series, CG series, MG series as well as the Vision family of servers and gateways.

Under the deal, Dialogic plans to acquire the business, associated assets and agreed liabilities for US$28 million in cash, subject to some adjustments. The transaction was unanimously approved by NMS’s board and is expected to close in Q4 2008. The agreement is also subject to approval by the stockholders of NMS, and a special meeting of stockholders is anticipated during the fourth quarter of this year.

“The mobile value added service market segment is a critical growth area for Dialogic and, as such, NMS’s products and employees will be an important asset to us going forward. The inclusion of video as an increasingly important element of a typical mobile phone call is an important investment area for Dialogic. Combining the Dialogic®”, said Nick Jensen, Dialogic’s president and CEO. “NMS’s excellent high density technology enabling boards will also complement the current Dialogic TDM, IP and hybrid technology enabling offerings. video technology with the NMS Vision product line will enable a quicker time to market and a more complete product offering than either of us could have provided on our own.”

Filed under: Mobile Content Company News Mobile operators/MVNOs