Brooktrout to Acquire SnowShore Networks

NEEDHAM, MA, March 26  — – Acquisition of Next Generation Voice over IP Media Processing Technology Will Enhance Brooktrout’s Leadership.

Brooktrout, Inc. and SnowShore Networks, Inc. today announced that Brooktrout has agreed to acquire the outstanding capital stock of SnowShore Networks, a Chelmsford, Mass. provider of leading-edge Voice over IP communications infrastructure products for the media server and media firewall markets.

“This acquisition will extend Brooktrout’s position as a leading provider of enabling technology for communication systems. SnowShore Networks is an established market leader providing key enabling technologies-media server and media … Read More

By |March 13th, 2004|News|Comments Off on Brooktrout to Acquire SnowShore Networks

Tut acquires VideoTele.com

Tut Systems has significantly expanded its product portfolio by acquiring Tektronix subsidiary VideoTele.com for about $7 million. The merger, which was approved by both Tut and Tektronix boards, calls for Tut to give Tektronix 19.9% of its common stock and a five-year note.

In return, Tut gets VideoTele.com’s digital video headend and video trunking products and entrée to the company’s independent telco customer base. Tut had been–and will continue to be–focused on the multi-tenant unit space, including the hospitality industry. VT.c, which brings about 60 employees, opens doors … Read More

By |October 29th, 2002|News|Comments Off on Tut acquires VideoTele.com