Nortel Inc. and IBM Corp. today announced the signing of an agreement designed to support customized products acros...
May 20, 2005
Nortel Inc. and IBM Corp. today announced the signing of an agreement designed to support customized products across a range of market segments.
As a first step, the companies have established a Nortel-IBM Joint Development Centre in Research Triangle Park, N.C. to collaborate on the design and development of new products and services.
“This agreement with IBM is a critical component of our strategy to partner for growth,” said Bill Owens, vice chairman and CEO of Nortel.
“Working with IBM, as one of their key partners, is a bold step forward in our efforts to transform our business by reaching an entirely new level of R&D collaboration while reducing our R&D costs, introducing products at a faster pace and serving a broad range of customers more rapidly.”
Personnel at the centre will collaborate on focused research on a project-by-project basis. Chief among them is a blade server initiative that will bring together IBM’s server technology and Nortel’s carrier-grade communications expertise.
Other projects will include Voice over IP, multimedia services and applications and wireless broadband offerings.