SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person* TENNENBAUM CAPITAL PARTNERS LLC (Last) (First) (Middle) 2951 28TH STREET SUITE 1000 (Street) SANTA MONICA CA 90405 (City) (State) (Zip)	2. Date of Event Requiring Statement (Month/Day/Year) 03/22/2012	3. Issuer Name and Ticker or Trading Symbol Dialogic Inc. [ DLGC ]
		4. Relationship of Reporting Person(s) to Issuer (Check all applicable) Director X 10% Owner Officer (give title below) Other (specify below)	5. If Amendment, Date of Original Filed (Month/Day/Year)
			6. Individual or Joint/Group Filing (Check Applicable Line) X Form filed by One Reporting Person Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock	2,046,898	I	Footnotes(1)(2)

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Common Stock Warrants (right to buy)	03/22/2012	03/22/2017	Common Stock	5,284,900	$1	I	Footnotes(3)(4)

Explanation of Responses:

1. Special Value Opportunities Fund, LLC ("SVOF") is the registered holder of 1,439,511 shares of Common Stock and Special Value Expansion Fund, LLC ("SVEF") is the registered holder of 607,388 shares of Common Stock.

2. By reason of its position as Investment Manager to SVOF and SVEF, Tennenbaum Capital Partners, LLC has the power of voting and disposition of the Common Stock held by SVOF and SVEF.

3. SVOF is the registered holder of Warrants to purchase 5,907,418 shares of Common Stock, SVEF is the registered holder of Warrants to purchase 2,492,582 shares of Common Stock and Tennenbaum Opportunities Partners V, LP ("TOP V") is the registered holder of Warrants to purchase 9,600,000 shares of Common Stock; however, Dialogic Inc. is not obligated to issue any such shares that wold result in the Funds owning in excess of 19.99% of Dialogic Inc.'s outstanding Common Stock without the approval of Dialogic Inc.'s shockholders. As a result, the share numbers reported above exclude 12,715,100 shares of Common Stock that are not issuable to the Funds upon exercise of the Warrants unless stockholder approval is obtained.

4. By reason of its position as Investment Manager to SVOF and SVEF, Tennenbaum Capital Partners, LLC has the power of voting and disposition of the Warrants held by SVOF, SVEF and TOP V.

	Elizabeth Greenwood	04/02/2012
	** Signature of Reporting Person	Date
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