TITLE

Nortel Nabs DiamondWare for $10M

AUTHOR(S)
Medford, Cassimir
PUB. DATE
August 2008
SOURCE
Red Herring;8/21/2008, p2
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the decision of Canadian networking gear supplier Nortel to acquire 3D voice technology company DiamondWare for up to $10 million. Nortel also announced that it is integrating DiamondWare's technology into web.alive, a new set of products that bring virtual world technology into collaborative business communications. According to Nortel, it has been developing 3D audio-visual virtual reality technology in an on-site incubation program for more than a year.
ACCESSION #
36670577

 

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