AudioCodes has acquired privately-held Ai-Logix, a leading provider of advanced voice recording hardware technology for the call logging and voice recording industries. AudioCodes paid $10 million in cash and will pay an additional purchase price in 2005 based on the achievement of revenue milestones.
AudioCodes is a leading supplier of VoP communication boards, including products include VoIP and CTI boards, VoIP media gateway processors and modules, and CPE devices. The company said the contact center market and the call logging and recording industries are rapidly adopting IP-based networking solutions. The acquisition enables AudioCodes to enter to enter the call recording market with its VoP communications boards by leveraging Ai-Logix's technology, strategic partnerships and customer base.
Ai-Logix had revenues of approximately $13 million in 2003. http://www.audiocodes.comhttp://www.ai-logix.com
Tuesday, May 11, 2004
AudioCodes Acquires Ai-Logix for Call Logging / Recording
Tuesday, May 11, 2004
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