Nicer Canada Corp.
, announced that it has entered into formal discussions to acquire Yoda Communications, Inc. a privately held company incorporated under the laws of Taiwan, Republic of China.
Yoda is a leading supplier of Voice over Internet Protocol (VoIP) Customer Premises Equipment (such as Phone Adapter, Gateways and Intellectual Property (IP) handsets) throughout Europe and Asia. Complementary to Nicer's enterprise and Telco grade IP phone switches, the combination of Nicer and Yoda will provide customers a full set of vertical VOIP solutions for creating, managing and delivering compelling voice over IP devices and applications. Together, the two companies will meet a wider set of customer needs and have a significantly greater opportunity to grow into new markets, particularly in the mobile and carrier segments.
The two companies are developing integration plans that build on the cultural similarities and the best business and product development practices from each company. The acquisition, which is expected to close in 2007, is subject to customary closing conditions, including approval by regulatory authorities.
"Both Yoda and Nicer are passionate about creating enabling technology across a wide range of devices and operating systems," said Dr. Su. "Our combined teams will be a powerful force for innovation around cutting-edge IP platforms for delivering powerful applications."