Posted AT 7:34 PM EST on 21/08/08
Nortel buys audio technology firm
In its latest effort to diversify beyond telecommunications equipment,
Nortel Networks Corp. has purchased a software firm whose voice technology aims to bring life-like sounds to virtual worlds on the Web.
Nortel said it is paying up to $10-million (U.S.) for Mesa, Ariz.-based DiamondWare Ltd., whose software is used by both the gambling industry and the U.S. military.
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