Eicon Completes Acquisition
Eicon also announced that it would be proceeding to change its name to Dialogic Corporation ("Dialogic") as it swiftly moves to merge the two businesses into one. Dialogic's focus will be multimedia processing, signaling and converged communications as it assumes the leadership position in its chosen market segments.
The new Dialogic will have strong financial backing with leading global investment groups Investcorp Technology Ventures and Tennenbaum Capital Partners. Investcorp is serving as the lead equity investor in the transaction, and Tennenbaum is providing a credit facility and serving as an equity co-investor.
"We have chosen the name Dialogic because it is one of the best known brands in the telecommunications industry with enormous traction throughout the world," said Nick Jensen, the new Dialogic's President and CEO. "The company will focus on Service Provider and Enterprise market segments with a very strong lineup of products now unified under the Dialogic name."
Eicon Networks Corp.