Finnish telecomms supplier Nokia has acquired IP specialist Ipsilon for $120 million to bolster its business in this booming area.
Ipsilon will provide Nokia with IP and ATM products to be included in the telco's fixed and mobile networks. Ipsilon?s products include the IP 400, an integrated router firewall unit, and the IP Switch 6400, a multi-gigabit switching platform.
Customers include France Telecom, which is piloting Ipsilon?s IP switching technology in Intranet and Internet applications.
Olli-Pekka Kallasvuo, executive vice president of Nokia Americas, said: ?The evolution to global standards in telecommunications is clearing being led by wireless and data communications in the US market. The addition of Ipsilon is one further step in the expansion of Nokia?s focus in the US market.?
Nokia will take on Ipsilon?s entire 100-strong workforce. The unit will be merged into Nokia?s telecommunications division.
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