Tekelec Acquires VocalData

Tekelec just announced that it has acquired VocalData, Inc., a provider of hosted IP Telephony applications.

Tekelec purchased 100 percent of VocalData's outstanding stock for approximately $27.5 million, consisting of $14.5 million of cash and approximately 780,000 shares of Tekelec common stock, or $13.0 million, based on today's closing price. VocalData will be integrated into Tekelec's Next-Generation Switching business unit.

VocalData, headquartered in Richardson, Texas, is a North American market share leader in IP Centrex, accounting for 44 percent of all IP Centrex lines deployed at the end of 2003, based on 2003 IP Centrex NA line shipments reported in a recent Frost & Sullivan study.

Tekelec will leverage VocalData's hosted IP telephony application server to provide an immediate path to IP service delivery and profitability for wireless, wireline and cable operators and their subscribers.

With last week's dynamicsoft acquisiton by Cisco, it sure looks like the VoIP market is once again heating up -- and I'm not talking subscriber growth.

Who's next?

Stay tuned.

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September 20, 2004 4:32 PM |

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