Cisco sent the message out that it would love to team up with Nortel Networks, said chief executive John Chambers.

"I believe in strategic partnerships. I would love to have Nortel as a partner," Chambers told a question and answer session after a speech in Toronto. "I believe going to market together is the way of the future."

But he didn't suggest that Cisco would buy the Canadian telecoms equipment maker. "I don't know how to do large acquisitions," he said, adding that his company focuses on small buys with talent. But he also said: "Never say never."

Nortel chief executive William Owens told Reuters that Nortel expected "a lot more emphasis on partners" going forward.

"I personally have had associations with a number of potential partners and this is a great opportunity for us to provide bundled solutions that make real sense for our customers and can do a lot for our business," Owens said.

By: DocMemory
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