Wednesday, December 13, 2006

IP Unity to Acquire Glenayre Messaging

IP Unity, a supplier of carrier-grade media servers, application servers and real-time multimedia applications, agreed to acquire Glenayre Messaging. Financial terms were not disclosed.

The combined company, to be known as IP Unity Glenayre, will deliver a portfolio of rich media services from a single, IMS enabled carrier grade platform. The merged unified communications framework brings together messaging services and rich media distribution to users across disparate networks and devices.

Applications include voicemail, unified messaging, conferencing, SMS, MMS, text to speech, speech recognition, IVR voice portal, color ringback tones, prepaid billing, video portal, video conferencing, videomail and video gaming all built using open standards based technologies such as VoiceXML.

The companies serve a diverse global customer base of over 2000 deployments for 300 wireline telco, cable, wireless and FMC service providers, large enterprises and public agencies. The two companies said they currently have no customers in common and market their products in largely different geographies and networks.

The new company will have major locations in Atlanta Georgia, Quincy Illinois, Milpitas California, Singapore and Bangalore, India. http://www.ip-unity.com