Nortel buys UC specialist Pingtel

Nortel has bought US-based Pingtel, a designer of software-based unified communications solutions and owned by enterprise mobility solutions provider BlueSocket. Pingtel will provide new software capabilities to Nortel’s enterprise unified communications portfolio, as well as additional research and development capabilities. Pingtel previously had an original equipment manufacturer (OEM) relationship with Nortel.

Under the terms of the agreement, Nortel will acquire the key assets of Pingtel from Bluesocket Inc. Financial terms were not disclosed. Pingtel employees will be integrated into Nortel’s facilities.

“This acquisition is another building block in Nortel’s vision to be a software-centric company and the leading provider of unified communications solutions,” said David Downing, general manager, Enterprise and SMB Communications Systems, 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. We expect that this will enable Nortel to accelerate the development of new IT-centric channels to market.”