TranSwitch Corp. signed two licensing deals worth about $4 million that gives two network equipment makers access to the Shelton technology maker’s proprietary telecom software.
The awardees were not identified.
TranSwitch said the agreements cover its software enabling critical voice-over-IP gateway (VoIP gateway) functionality. The two contracts include software licenses, consulting, and training.
Most of the proceeds from the announced IP contracts are expected to be collected in the current fourth quarter, TranSwitch said.
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President and CEO Ali Khatibzadeh said the company is pursuing additional licensing opportunities with other telecom customers.
