Nortel and IBM have joined forced in a strategic development agreement, which among other things, menas that the two companies will create a Joint Development Center in North Carolina's Research Triangle Park.
The two companies will collaborate on a variety of research projects including work on a new class of blade servers bringing IBM’s Server Technology and Nortel’s carrier-grade communications expertise together.
The complete release is below.
Nortel, IBM Sign Strategic Development Agreement to Establish Joint Development Center
Initial Focus on Business Transformation, Focused Research, and Collaborative Innovation
As the first step in this technology, research and services relationship, the companies have established a
“This agreement with IBM is a critical component of our strategy to partner for growth,” said Bill Owens, Vice Chairman and Chief Executive Officer, 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.”
- work together to enhance and extend current products, drawing from various divisions within Nortel and IBM, to drive new revenue growth while reducing R&D costs
- collaborate on focused research on a project-by-project basis, enabling a new level of product creation by tapping the deep skills of each firm to introduce solutions more rapidly
- work together on technology, initially, a new class of blade servers – bringing together IBM’s Server Technology and Nortel’s carrier-grade communications expertise – that would meet the specific and demanding data flow, reliability and security needs required by the network equipment marketplace embracing next generation network solutions.
Nortel expects to utilize IBM engineering and technical services, for a number of projects, all aimed at broadening Nortel end-to-end broadband, Voice over IP, multimedia services and applications and wireless broadband offerings.
“Nortel is a company with a strong history of innovation. Together, we are working to reduce complexity and cost of service delivery while enabling innovation for a new set of on-demand services. This is at the core of what we do,” said Bill Zeitler, Senior Vice President and Group Executive, IBM Systems and Technology Group.
Mr. Zeitler said this agreement reinforces IBM’s strength and ability to address the Business Performance Transformation Services market opportunity on a wide range of business services across many industries. Areas that IBM can address based on its unique portfolio of technology design, system, software and consulting capabilities.