Intel Buying Telephony Firm Dialogic for About $780 Million
Intel will acquire Dialogic for $44 per share in an all-cash deal worth about $780 million, expanding its server business into telecom.
Intel is acquiring Dialogic Corporation in an all-cash tender offer of $44 per share, a deal worth roughly $780 million. The two companies announced the definitive agreement today.
Dialogic makes software for computer telephony, along with the network interface cards and media processing boards, all of it already running on Intel-based servers; its building blocks end up in voice, fax, speech recognition, call center, and Internet telephony systems on both the enterprise and service provider sides. For Intel, the purchase is about pushing its standard high-volume server business deeper into networking and telecommunications, a market it pegs in the multibillion-dollar range.
No game angle here, just Intel writing a very large check. But where Intel spends its money tends to shape the hardware the rest of us end up running.