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Intel planning to acquire Dayna

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Intel Corp. plans to acquire Dayna Communications, a networking products manufacturer, by the end of November.

Intel said Dayna's 73 employees and products will become a key element of its strategy for providing small businesses with networking products that let them share office resources and Internet access.If Dayna shareholders approve the merger as expected, the Salt Lake-based company will become a wholly owned subsidiary of Intel. It will continue to operate in Dayna's offices at Sorenson Research Park as part of Intel's Network Products Division. Financial terms of the deal were not disclosed.

Dayna, founded in 1984, makes adapters, switches, hubs, Internet connectivity products and other networking products that let computers network, communicate and share Internet access. In 1996 it had revenues in the $20 million to $30 million range, according to the Utah Information Technology Association.

For now, Dayna will continue to sell products under its existing brand, said Brad Romney, Dayna president and CEO. Intel will introduce new products for small businesses under the Intel brand in the first part of next year.

"We realized six months ago that in order to grow, we needed to associate with someone with a brand image and distribution resources a small company like ours didn't have," said Romney, who will be the division's assistant business unit manager after the merger. "Intel was an ideal partner."

David Politis, president of Politis Communications, said the merger "allows Intel to fortify its flank at the low end of the business market" and gives Dayna broadened access to national and international markets.

Intel first entered Utah in 1991 through its acquisition of LANSystems in American Fork.

The company became Intel's Network Systems Management Division, which develops the LANDesk software product line for network management.

The Network Systems Management Division recently moved into a larger facility in America Fork.