Home › DMW Daily › January 3, 2007

IP Unity Completes Acquisition of Glenayre Messaging

Authored by dmw on January 3, 2007 - 10:54am.
Milpitas, Calif. – IP Unity, a Milpitas, Calif.-based maker of media servers, application servers and multimedia applications, said on Wednesday that it has completed its acquisition of Atlanta-based Glenayre Messaging, creating one of the market's largest independent suppliers of rich media messaging systems and advanced IP multimedia systems to carriers. The deal was originally announced in mid-December. Financial terms were not disclosed.

The combined company, to be known as IP Unity Glenayre, is now one of the market's largest independent suppliers of rich media messaging systems and IP multimedia systems to carriers, with a total subscriber base of 79 million end users.

The company also has announced its new management team, which includes Arun Sobti as chairman and CEO -- the same roles he held at IP Unity -- Bruce Bales as president, Bob Swedroe as CFO and Sonny Bettis as CTO.

Related Links:
http://www.ipunity.com
http://biz.yahoo.com/bw/070103/20070103005696.html?.v=1 

Published in DMW Daily, January 3, 2007
tags: Deals | Tech | Text Messaging | Career | Moves | Acquisitions | IM | Glenayre | IP Unity |

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