Alcatel Lucent SA (NYSE; Euronext: ALU) is setting up a multimedia development center in Israel, which will work on Internet-protocol television (IPTV), multiscreen video services, focused IP multimedia systems (IMS), and other telecommunications technologies to meet Israel's growing needs in these fields. The new center will begin hiring soon.
The multimedia center will reflect Alcatel Lucent's technologies and range of products in the field and adapt them to Israel. The multimedia center will be run by Dori Ben-Moshe, an architect of multimedia systems.
"Current uncontrolled online video streaming presents a real threat to the global cable and satellite TV industry, unless catalysts for exploiting Alcatel Lucent's technological capabilities are exploited - from the network infrastructure that enables the building of services through the building of applications, including related services for them - the architecture, integration, and support," said Ben-Moshe.
Alcatel-Lucent Israel CEO Haim Teichholtz said, "Israel is becoming a global center of communications and multimedia technologies. In addition to the centers that Alcatel Lucent is setting up in Israel for multimedia and cloud computing, the center is further evidence of the company's confidence in Israel's human capital and its capabilities."
Published by Globes [online], Israel business news - www.globes-online.com - on January 1, 2012
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