Intel to acquire U.S. Internet firm IPivot

Article Abstract:

Intel Corp. has reached an agreement to acquire IPivot Inc. for $500 million (465.5 million euros) in cash. IPivot is a maker of Internet equipment. The deal will strengthen Intel's expanding acquisition portfolio. The acquisitions are intended to enhance Intel's position as a electronic commerce technology supplier. IPivot manufactures Internet traffic hardware and software.

Computer software industry, Software industry, Internet software, IPivot Inc.

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Intel to acquire Dialogic in U.S. for 749 million euros

Article Abstract:

Intel Corp. is planning to purchase Dialogic Corp. for approximately $780 million (749 million euros). Dialogic is a developer of integrating technology for telephone and data services. The bid from Intel comes out to $44 per share. Intel said that its tender bid will start on June 7, 1999 and end on July 2, 1999. Intel posted $26.27 billion in revenues for the 1998 year.

Comment:

Intel to purchase Dialogic for approximately $780 million (749 million euros)

Telephone Apparatus Manufacturing, Telephone & Telegraph Eqp NEC, Telecommunications equipment industry, Telecommunications systems, Dialogic Corp.

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