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 Intel (INTC) acquires Picazo Communications


   *  Amount:         Undisclosed


   *  Terms:            100% cash

   *  Premium:        n/a


   *  Industry:        Computer-based communications


   *  Scorecard:      A-


    SANTA CLARA, April 10--Intel (INTC) said that it acquired Picazo Communications, a developer of computer telephony products, in an all cash deal, as part of its focus on computer-based communications. Terms of the deal were not disclosed.

    Picazo, based in San Jose, Calif., has become a wholly-owned Intel subsidiary and will operate within Intel's Communications Products Group. Picazo develops software called CT Media server software which is used to build advanced telecom servers.



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