ENGHOUSE SYSTEMS ACQUIRES DIALOGIC FROM NOVACAP
January 03, 2020
Dialogic’s Software Business Expands Enghouse’s Product Portfolio
Montreal, January 3rd, 2020 - Enghouse Systems Limited announced it has acquired Dialogic Group Inc. from Novacap, one of Canada’s leading private equity firms.
Based in Parsippany, New Jersey, Dialogic partners with leading mobile operators, system integrators and technology developers to deploy its solutions via its worldwide network of offices. Dialogic’s revenue over the next twelve months is projected to be between $58.0 million and $63.0 million.
Dialogic is an industry leader in media processing software, with a highly scalable solution that supports real-time video conferencing and collaboration applications across all devices. Dialogic’s infrastructure products offer a best-in-class Session Border Controller and several software-based network solutions to communication service providers. This combination enables the transformation from legacy TDM (time division multiplexing) to next-generation network platforms.
“This acquisition strengthens our position in the enterprise video and unified communications market segment by adding rich multi-media processing applications and capabilities,” said Steve Sadler, Chairman and CEO, Enghouse Systems. “In the communications service provider market, Dialogic provides network infrastructure solutions that facilitate virtualization, the evolution to 5G networks and the transition of networks from hardware to software defined network connectivity. We are very pleased to welcome Dialogic’s employees, customers and partners to Enghouse.”
Founded in 1981, Novacap is a leading Canadian private equity firm with $3.6 billion of assets under management. Its distinct investment approach, based on deep operational expertise and an active partnership with entrepreneurs, has helped accelerate growth and create long-term value for its numerous portfolio companies. With an experienced management team and substantial financial resources, Novacap is well-positioned to continue building world-class businesses. Backed by leading global institutional investors, Novacap's deals typically include leveraged buyouts, management buyouts, add-on acquisitions, IPOs, and privatizations. Over the last 38 years, Novacap has invested in more than 90 companies and completed more than 130 add-on acquisitions. The company has offices in Toronto, Ontario and Brossard, Quebec. For more information, please visit www.novacap.ca.
Communications and Marketing Director
T: 450 651-5000 ext.291