Nortel Added Unified Communication Feature by the Acquisition of Pingtel
Nortel announced that it has acquired Pingtel, an unified communication based software provider and is owned by Bluesocket inc, a mobile solution provider. Financial terms of the deal has not been announced yet. All of the employees of Pingtel will be integrated with Nortel. On the other hand hand, Pingtel is going to add unified communication based portfolio in addition to its research capabilities to Nortel.
“We believe that bringing Pingtel’s critical R&D capabilities in-house will enable us to further develop software-based solutions that go beyond the boundaries of our previous OEM relationship,” said David Downing, Nortel general manager, Enterprise and SMB Communications Systems, in a statement.
Martin Steinmann, senior vice president of marketing at Pingtel joined with Nortel. He will take the responsibility to enhance the business development capabilities in the new segment. Nortel will provide the new unified communication service to its enterprise customer by means of Pingtel’s new software. Additionally, Pingtel will bring software components to Nortel’s Software Communication System 500 unified communications system for different businesses customers.
Nortel has joined SipXecs open source community project about a year back. The project is the brainchild of SIPfoundry. The project generated 300 new applications as of today. The acquisition of Pingtel Corp by Nortel will further speed up further development of a global open source system.
Source: telecompaper
Filed under M & A, Networking