Nokia has bought IP telephony equipment maker Vienna Systems for $90 million to capitalise on the growth opportunity presented by Internet telephony.
Vienna, based in Ontario, Canada, designs and manufactures hardware and software products for the distribution of voice, fax and video communication over IP networks.
Following the acquisition, Vienna's products will still be distributed through its existing channels, including its sales and marketing relationship with Newbridge Networks.
Nokia said the acquisition will enhance its position in the IP marketplace.
"Vienna Systems' prominent position in IP telephony provides Nokia with additional technical expertise and access to leading customers in this rapidly developing market," said Pekka Ala-Pietild, Nokia's executive vice president.
Vienna has 180 employees worldwide, research and development centers in British Columbia and Ithaca, New York, and sales offices in the US, Canada, Europe and Japan.
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