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    Friday, July 28, 2006

    RadiSys To Acquire IP Media Firm For $105M


    Hillsboro, Oregon-based RadiSys, a provider of embedded systems for the communications networking market, said Thursday that it will acquire Vancouver-based Convedia, a provider of IP media processing and IP Media Server products. The deal is worth $105M plus $10M in earnout. Convedia develops products used for voice over IP networks and IP multimedia systems. RadiSys reported that Convedia has annual run-rate revenues of around $20M. The transaction has been approved by the board of directors of both companies.
    posted on Friday, July 28, 2006


    Related companies:
    RadiSys

    Related stories:
    > RadiSys, Huawei Collaborate
    > RadiSys Announces Media Server, ATCA Blade
    > RadiSys Buys Intel ATCA Assets For $32M
    > RadiSys Completes Intel Unit Buy
    > Oberon Media to Acquire PixelPlay
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