Nortel Looking for IP-TV Acquisitions

LightReading must have some pretty good sources within Nortel these days. After writing about a speculated asset swap between Alcatel and Nortel last week, LIghtReading is reporting today that Nortel is planning several IP-TV acquisitions as part of an aggressive strategic focus on the telecom video market. “Nortel has revisited its IPTV strategy”, a source told LightReading, adding that Minerva Networks Inc. is the most likely first move for the giant vendor. In March, Nortel and Minerva signed an agreement to jointly develop an application interface that enables the integration of real-time IPTV services with Minerva’s iTVManager software. Update: Minerva was named one of the 2006 Fierce IPTV 15 earlier this year.

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