Intel sells signalling business

Eicon Networks and Intel have signed an agreement for Intel to sell the assets of its media and signalling business to Eicon.

The transaction is expected to close in approximately four-to-six weeks and is subject to regulatory review and normal closing conditions. Financial terms have not been disclosed.

Intel's media and signalling business includes all of the product lines from Intel's Dialogic acquisition, as well as Host Media Processing (HMP) software and HMP-enabled blades. Intel's complete line of SS7, PBX integration and gateway solutions are also included in the sale.

The companies anticipate that the acquisition will enable Eicon to provide enhanced enterprise and service provider offerings to current Eicon and Intel customers as well as future customers. Eicon plans to continue to work closely with Intel as an active member of the Intel Communication Alliance.