Intel bought itself a place at the telecommmunications table last week with the acquisition of Dialogic, a US developer of computer telephony software and network interfaces.
Intel's enterprise server group chief, John Miner, said the $780 million (£485 million) deal would act as a springboard for growth opportunities, by exposing the chip giant to new technologies, markets and customers.
Intel already has a networking division, which the chip giant has been building up for the past few years.
Dialogic components are currently sold under OEM agreement to a string of vendors including Alcatel, Lucent, NEC and Nortel.
"(The acquisition) will provide a base foundation of telecoms expertise from which both Intel and Dialogic can more rapidly grow, and become a bigger participant in the large telecoms equipment industry," Miner said.
Once the acquisition is completed in September, Dialogic will operate as a subsidiary within Intel's server group, headed by Dialogic CEO Howard Bubb.
Latest Tesla news: Tesla stock price tanks amid reports of 'widening probe' by SEC and claims the base Model 3 loses money
SEC 'probe' takes its toll on Tesla as new research suggests that Tesla loses $6,000 on every $35,000 Model 3
10nm Cannon Lake Core i3-8121U CPUs make a rare outing with Intel's NUC mini PC
'Notorious' Australian child hacker thought he had executed 'flawless' hack
The former employee says that Tesla fired him for bringing the accusations to management internally