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NMS ACQUIRES LUCENT’S VOICE ENHANCEMENT AND ECHO CANCELLATION BUSINESS

FRAMINGHAM, MA -- NMS Communications says it has completed the acquisition of the voice enhancement and echo cancel...


December 3, 2001  


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FRAMINGHAM, MA — NMS Communications says it has completed the acquisition of the voice enhancement and echo cancellation business of Lucent Technologies.

Under an agreement with Lucent, announced on October 15, NMS paid US$60 million in cash for all assets of this business. NMS is also entering into a multi-year agreement to serve as the exclusive supplier of stand-alone voice enhancement and echo cancellation systems for Lucent. The agreement also allows NMS to establish new alliances with other communications equipment suppliers and service providers.

NMS says the acquisition is part of its strategic focus on becoming a premier provider of complete systems for communications infrastructure, applications and services within the wireless, voice applications and packet infrastructure markets.

By completing the acquisition, NMS says it has gained a new family of complete, ready-to-install systems, an experienced carrier-facing sales force, deep technology capabilities in the areas of voice quality, wireless networks and fault-tolerant systems, as well as the rights to intellectual property and patents.

“Voice enhancement and echo cancellation systems serve to improve voice quality, an important factor in increasing average revenue per user (ARPU), and make it easier for service providers to retain and attract customers — all exceptionally important during this downturn in the communications industry,” said NMS Chairman and CEO Bob Schechter.

The voice enhancement and echo cancellation business spans a line of systems that telecom carriers deploy in central offices and mobile switching centres to achieve clear audio quality.

About NMS
NMS Communications develops, markets and supports technology-leading systems and components that enable the communications industry’s voice, video and data services for wireless and wireline networks. Visit http://www.nmscommunications.com for more information.


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