Nortel Expands Unified Communications Portfolio with Pingtel Acquisition
Canadian-based telecom equipment maker, Nortel Networks, has acquired Pingtel, an enterprise VoIP software business owned by Bluesocket Inc., in a move to improve its unified communications portfolio. “We believe that bringing Pingtel’s critical research and development capabilities in-house will enable us to further develop software-based solutions,” said Nortel’s general manager of Enterprise and SMB Communications, David Downing. “We expect that this will enable Nortel to accelerate the development of new IT-centric channels to market.” The deal will see Pingtel’s employees integrated into a Nortel location in Billerica, Massachusetts. Financial terms of the sale were not disclosed.
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