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NGN Forum Joins IMS Forum(Wireless News Via Acquire Media NewsEdge) The IMS Forum and the NGN Forum announced that they have merged to form the IMS/NGN Forum. The partnership is designed to create, test and deliver NGN services. "The combined IMS/NGN Forum is the first to recognize that with increased competition in voice, entertainment and enterprise markets there is an urgent need for fixed, mobile and cable MSO service providers to partner with application development companies, digital content providers, enterprise and smart phone manufacturers, and financial institutions," said Michael Khalilian, Chairman and President of the IMS/NGN Forum. "This partnership enables our members to fully address the emergence of a single market comprised of information technology (IT), telecommunications, and media sectors that formerly operated in separate markets." The IMS/NGN Forum membership includes over 2000 executives and technical and marketing executives across equipment vendors, solution providers, integrators, service providers, and governmental agencies. In addition, the IMS/NGN Forum also announced that it has created a joint Venture Capital (VC) study group consisting of its members and over 20 venture capitalists, private equity groups and financial institutions. "Investors are searching for compelling high growth technologies to fulfill consumer and enterprise demand," said Peter Lazor, President of Cardinal Points, M&A and Financial Advisers. "The NGN Forum and IMS Forum are in a unique position to bring all of these diverse markets together. We are looking forward to working with Forum members to identify value propositions for financial investment." "In addition to new and innovative services, the NGN Forum will bring IP billing, OSS and payment networks squarely into the picture to ensure that these new services not only generate but also collect revenue," said Anantha Ramu, VP of Engineering & Principal Architect at Acision. "Today NGN revenues are generated by multimedia subscribers interacting across different networks, developed and supported by many of the IMS/NGN Forum member companies." The IMS/NGN Forum will continue with its series of Plugfest Interoperability Tests, and will unveil technical and business working groups in the areas of converged services, and business and operational support systems. ((Comments on this story may be sent to [email protected])) ((Distributed on behalf of 10Meters via M2 Communications Ltd - http://www.m2.com)) ((10Meters - http://www.10meters.com)) Copyright ? 2008 Wireless News |
