Networking vendor Nortel has acquired
software based unified communications vendor
Pingtel for an undisclosed sum.
The acquisition of US based Pingtel, owned by enterprise mobility vendor
Bluesocket,
brings the software provider’s existing OEM relationship with Nortel in-house.
Under the terms of agreement Nortel will acquire the key assets of Pingtel
from Bluesocket, with Pingtel’s employees being integrated in Nortel’s
Billerica, Massachusetts facilities.
David Downing, general manager, Enterprise and SMB Communications Systems,
Nortel, said: “This acquisition is another building block in Nortel's vision to
be a software-centric company and the leading provider of unified communications
solutions.
“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. We expect that this will enable
Nortel to accelerate the development of new IT-centric channels to market.”
Martin Steinmann, senior vice president, marketing at Pingtel, said: “Pingtel
has established itself as a unified communications vendor with market-leading,
very sophisticated solutions based on interoperable software that can run on a
multitude of hardware platforms.”
“The acquisition of Pingtel by Nortel is the next logical step that will
further accelerate adoption of the technology and solutions on a global basis.
We are very excited to become part of Nortel, the leading provider in the market
for unified communications.”
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