Intel Invests in Canada’s MediaSoft Telecom

Intel
Corp.
has made a minority equity investment in Montreal-based
MediaSoft, a computer telephony (CT)
and Internet software manufacturer.

A key driver for this initiative is MediaSoft’s components-based CT
development and runtime framework designed for building and running
CT-Web applications. The series of components can be customized
rapidly by application developers with minimal CT knowledge resulting
in a standards-based application that supports the latest Internet
technologies.

“This equity investment will help MediaSoft’s ability to deliver the
building blocks that will empower customers to build and deploy advanced
CT solutions using the new voice and data convergence paradigm,” said
MediaSoft president, Bachir Halimi. “It will also enable MediaSoft to
ramp up the
development of its components-based CT framework initiative and
accelerate the company’s efforts in advancing the growth of
standards-based computer telephony applications on the Internet.”


Howard Bubb, president of Dialogic and vice president of Intel’s
Communications Products Group said that MediaSofts commitment to open
standards will help the CT industry transition to a broader marketplace
by enabling the development community to create more powerful CT
solutions.


The US$200 million Intel Communications Fund is for investment in
companies supporting Intel’s key programs and initiatives in voice and
data communications. The fund is managed by Intel.

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