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Technology Stocks : Nortel Networks (NT)

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From: waitwatchwander3/28/2007 12:23:07 AM
   of 14638
 
Cisco, Microsoft face off over UC
By Ed Gubbins

Mar 26, 2007 12:00 PM

An array of recent moves are pitting Microsoft and Cisco Systems in increasingly direct competition with each other for the unified communications, or UC, market, drawing telecom equipment vendor battle lines in the process.
...
Nortel Networks hitched its wagon to Microsoft's star last year, forming a partnership to jointly develop and market UC gear through at least 2010, when the global UC market will surpass $1 billion, according to the Radicati Group. The two vendors unveiled the first joint products earlier this year-combining Nortel's PBX with Microsoft's unified messaging for starters, with conferencing collaborations to follow later this year. Some time within the next few months, the two will begin training channel partners to sell the first joint products.
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“We're encouraged [Nortel] is making the effort with a major partner such as Microsoft as opposed to electing to purchase broken assets such as Siemens' enterprise segment,”


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