M2 EQUITYBITES-27 August 2010-Nortel to sell Multi Service Switch business for USD39m(C)2010 M2 COMMUNICATIONS http://www.
Nortel Networks Corp (OTCBB:NRTLQ), a Canadian technology company currently under bankruptcy protection, announced today that it has entered into a preliminary agreement to sell its Multi Service Switch business for USD39m in cash.
Inkra's Virtual Service Switch integrates multiple network and security functions -- including firewalls, VPNs, intrusion detection and prevention, SSL accelerators, and load balancers -- onto a single, centrally managed platform that delivers the functionality of tens to hundreds of legacy appliances.
Center Point, HardWall, OpenRack, Virtual Rack, Virtual Rack Operating System, Virtual Rack Processor, Virtual Service Architecture, Virtual Service Module, and Virtual Service Switch are trademarks of Inkra Networks Corporation.
Inkra's Virtual Service Switch
technology integrates and virtualizes critical networking and security services -- such as firewall, load balancing, intrusion detection and prevention (IDP), virtual private networking (VPN), and more onto a single, centrally managed platform.