Avaya Will Buy Ubiquity for $141M
Group Editorial Director
It’s being reported that Avaya (News
) will buy Ubiquity Software Corp. for 74.3 million pounds or about $144 million.
Mickey Tsui vice president of global communications solutions at Avaya, said, “We believe that the addition of Ubiquity’s next-generation software platform to Avaya’s portfolio will help customers and developers enhance the integration of communications technologies and business processes”
The tender offer has been unanimously recommended by the board of directors of Ubiquity. The purchase is expected to be funded with Avaya’s existing cash resources.
Ubiquity provides deployment platforms, applications, development tools and integration technology for converged voice, video and data services. Their flagship SIP Application Server (SIP A/S
) is deployed with several the world’s largest telecommunications carriers.
According to Yankee Group (News
), the market for SIP-based Application Servers will reach $4.7 billion by 2009. Yankee Group also believes the advent of IP Multimedia Subsystems (IMS
) within carrier IP core networks will further drive the adoption of such products.
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