SANTA CLARA, Calif.-Intel Corp. entered a definitive agreement to acquire privately held DataKinetics Ltd., a supplier of Signaling System 7 hardware and software products, in a cash transaction.
Intel said the acquisition will provide it with key products, technologies and industry expertise, extending Intel’s capabilities as a provider of next-generation network equipment and solutions, including voice-based Internet and electronic-commerce applications and services based on DataKinetics’ products.
“DataKinetics’ comprehensive SS7 product line and outstanding engineering team will help our customers quickly and cost-effectively deploy next-generation communications services,” said Howard Bubb, vice president of Intel’s Communications Products Group. “These services will combine voice and data communications in areas such as network-based customer contact centers, Internet-based unified messaging, voice portals and voice-enabled e-commerce.”
Specific financial terms of the agreement were not disclosed.
