The offer values the company’s shares at just over 37 pence each and shareholders have until early February to consider the deal, which is being backed by the company’s senior management.
Ubiquity, established in 1993 by Michael Doyle, currently the group’s chief technical officer, develops and markets SIP-based communications software.
It’s offering has been developed to take advantage of the telecommunications industry's migration toward all-IP networks.
Avaya are attracted to the company as they believe it offers its customers the opportunity to increase the integration of their IT and communications.
Micky Tsui, vice president at Avaya, said: “We believe that the addition of Ubiquity's next generation software platform to Avaya’s portfolio will help customers and developers enhance the integration of communications technologies and business processes.
“We believe that Ubiquity bridges a wide range of fragmented technologies that cost customers' money, time and speed-to-market.”
Ian McLaren, chief executive of Ubiquity, said: “The offer by Avaya marks an important milestone in the development of Ubiquity.
“We believe that there are strong synergies between Ubiquity's core software platform, service creation framework and applications and Avaya's portfolio of enterprise products.
“As part of the Avaya group, we believe that Ubiquity will be well positioned to gain access to Avaya's customer base and the resources to exploit the opportunities we see in the emerging telecommunications marketplace.”
© Crimson Business Ltd. 2007
