Wireless technology firm RadiSys acquires Pactolus; terms not disclosedBy AP
Thursday, March 11, 2010
RadiSys acquires Pactolus; terms not disclosed
HILLSBORO, Ore. — RadiSys Corp., a maker of servers that support wireless phone networks, said Thursday it acquired privately held Pactolus Communications Software Co. Terms were not disclosed.
Pactolus’ software services, which include Internet-based voice calls and messaging functions, are installed in more than 45 telecommunication service providers worldwide, it said.
RadiSys shares ended Thursday unchanged at $8.83 and were flat in after-hours trading.