Nokia Siemens Networks (NSN) has sold its IPTV business to Accenture, the latest in a line of divestures designed to concentrate the vendor’s focus on the mobile broadband space.

Accenture is to integrate the business with its own Accenture Video Solution – a software product and a suite of services that enables companies to launch over-the-top TV and services. Financial terms were not disclosed.
 
“The combination of NSN’s IPTV assets with Accenture’s over-the-top TV software and capabilities will deliver an exciting new combination of services to the global video industry,” said Marco Vernocchi, managing director of Accenture’s Media & Entertainment industry group.

In the past year, NSN has sold its WiMAX unit to NewNet Communication Technologies, its Expedience fixed-wireless broadband business to CN Tetragen, its fixed line broadband access unit to Adtran and microwave transport business to DragonWave.

It is also thought to be close to finalising a sale of its business support systems (BSS) division, with rival vendors Ericsson and Amdocs said to be among the interested acquirers.

The business restructure accompanied an announcement in November 2011 that NSN was planning to cut 17,000 jobs and EUR1 billion in costs by the end of 2013 in response to economic pressures.