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Nortel Buys Pingtel for Unified Communications Software Know-How

Wednesday, August 13, 2008
By bMighty.com Staff

Nortel is broadening its reach in the unified communications market with the acquisition of software maker Pingtel.
statement. Financial terms of the agreement were not disclosed.

Pingtel, a subsidiary of mobile solutions provider Bluesocket, will provide new software capabilities to Toronto-based Nortel's enterprise unified communications portfolio -- starting with Nortel's Software Communication System 500 (SCS500), which includes such collaborative applications as video and voice conferencing and unified messaging -- along with additional research and development capabilities. Pingtel employees will be integrated into Nortel's Billerica, Mass. facilities.

""We believe that bringing Pingtel's critical R&D capabilities in-house will enable us to further develop software-based solutions," said a Nortel GM in a statement. Financial terms of the agreement were not disclosed.

Source(s): Ottawa Business Journal

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