Nortel To Acquire Tasman Networks
Nortel is going to acquire Tasman Networks for $99.5 million. Nortel hopes that the acquisition will help provide networks which support real-time applications including voice, video and multimedia applications.
Nortel is going to acquire Tasman Networks for $99.5 million in cash.
Steve Slattery, president, Enterprise Solutions and Packet Networks, Nortel, said, “With the acquisition of Tasman Networks, Nortel will strengthen its position as an innovator in providing resilient end-to-end converged, secure IP telephony and multimedia networks.
We anticipate that the Tasman products will complement our enterprise infrastructure solutions and further our ability to provide seamless, feature-rich networks that support critical real-time applications – including voice, video, and streaming multimedia applications.” [Source]
Tasman Networks delivers wide-area network IP routers. Nortel will offer Tasman Network’s services as part of Nortel’s convergence solutions for data and IP multimedia customers. They will be marketed as part of Nortel’s Secure Router line.
The portfolio is capable of running services such as voice, VPN, firewall along with speed.
Nortel offers technology solutions like end-to-end broadband, VOIP, multimedia services and applications, and wireless broadband.
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