BANGALORE: Coimbatore-based Amoeba Telecom has announced that it has received
equity investments from GE Equity and Intel Capital. The company develops
telecom solutions for traffic management targeted at next-generation service
providers to analyze data, voice and video protocols based on a common server
platform.
According to the Amoeba, the funding will help the company continue
developing new products based on enhanced telephony specifications and
standards, implement global marketing initiatives and to ramp up its workforce.
Commenting on the investments, Amoeba Telecom president and CEO Venu Sriperumal
said, "Amoeba Telecom will continue to build on its core strengths in
networking and telecom protocols to offer advanced traffic management solutions
for new generation telecom service providers, mobile Internet operators and
Internet service providers. The equity investment from GE and Intel goes beyond
just financial contribution. Intel brings significant technological expertise
around the Internet, computing platforms and networking, and GE offers the
ability to work with its global network of businesses, resources and
expertise."
Amoeba Telecom products are targeted at the new generation telecom service
providers, mobile Internet operators and ISPs who have Internet as the single
transmission medium to provide voice, video and data services. The company’s
flagship product, the Convergence Traffic Analysis Platform, manages real-time
network traffic.