News

Tekelec Acquires VocalData

09.20.04

New York, September 20, 2004 - Tekelec today announced it has acquired VocalData, Inc., a provider of hosted Internet protocol (IP) telephony applications that enable the delivery of advanced telecom services and applications to business and residential customers. With the acquisition, Tekelec, a global supplier of telecommunications products for next-generation fixed, mobile and packet networks, enables operators to deliver time division multiplex (TDM) and IP services such as IP Centrex, hosted PBX services and voice virtual private networking (VPN) as they migrate to next-generation networks.

Redwood Capital served as exclusive financial advisor to VocalData in this transaction.
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