Nortel, IBM Sign Strategic Development Agreement to Establish Joint Development Center
Nortel combines its technology leadership with the strategic vision of other industry leaders to rapidly deliver value-added solutions to customers. By collaborating with innovators who share the same commitment in providing superior customer value, we can deliver leading-edge products and solutions that assist enterprise, government, and service provider customers with improved business performance.
May 20, 2005 - Furthering the company strategy to partner with other companies to speed solutions to market, Nortel and IBM
announced a strategic development agreement to focus on business transformation, focused research, and collaborative innovation.

At the heart of the Nortel and IBM alliance is the Joint Development Center (JDC). The JDC is a small organization positioned to reach a new level of R&D collaboration and is chartered to generate new joint solutions more rapidly. The immediate focus of the JDC will be on a number of market-driven "project charters," aimed at enhancing and extending current technology offerings to meet customer needs.