Nortel strikes joint R&D deal with France Telecom
Posted on: Saturday, 27 March 2004, 06:00 CST
Nortel Networks Corp will jointly develop business-focused multimedia services with France Telecom as part of a wide-ranging memorandum of understanding (MOU) aimed at the convergence of the telecommunication, information technologies and multimedia industries. The purpose of the R&D is to develop services that simplify collaborative work and person-to-person communications. The MOU covers the establishment of joint R&D teams, the sharing of R&D funding and the sharing of intellectual property. A binding agreement will be completed in the coming months.
Copyright Research Money, Inc. Mar 3, 2004
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