Wednesday, March 10, 2010

RadiSys Acquires Pactolus for SIP Applications Software

RadiSys has acquired privately--held Pactolus Communications Software, a developer of solutions for converged TDM/IP and SIP--enabled VoIP networks. Financial terms were not disclosed.

Pactolus' customizable turnkey SIPware services include large operator--assisted event and reservationless audio conferencing, prepaid/post--paid long distance services, residential/business Class 5 VoIP, and voice messaging. The company says its software solutions are installed in over 45 telecommunication service provider customers worldwide including major Tier 1 and Tier 2 carriers.

"We are pleased to announce the acquisition of Pactolus," said Scott Grout, RadiSys President and CEO. "RadiSys and Pactolus have been partnering for years in the delivery of media server technology and applications. The addition of Pactolus strengthens our portfolio of telecommunication solutions for service providers and TEMs. The Pactolus team has extensive domain expertise in developing both legacy TDM enhanced services and next generation IP--based communication applications and platforms. We look forward to having them as part of the RadiSys team."

  • Pactolus was founded in 1999 and is based in Marlborough, Massachusetts.