Nortel Networks has entered into an agreement to sell its Voice over IP and Application Solutions for $282 million (US). Nortel has a "stalking horse" asset sale agreement with GENBAND for the sale of substantially all of the assets of its North America, Caribbean, Latin America and Asia Carrier VoIP and Application Solutions business, and an asset sale agreement with GENBAND for the sale of substantially all of the assets of the Europe, Middle East and Africa portion of its CVAS business, subject to balance sheet and other adjustments. These agreements include the planned sale of substantially all assets of the CVAS business globally including softswitching, gateways and SIP applications.

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Canela Media Turns to AI to Scale Hispanic Content

Canela Media is pulling 62 million monthly active users and 6 million social followers, while pushing into new territory by using AI to create microseries and dub content at scale.

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