Looks like the M&A efforts will continue if Light Reading is on the money with one. But my sources say it's more of a OEM or reseller deal.
I met with the leadership of Sylantro that was at VON and found very little "new" that they would say with the company so maybe a shakeup led by Nortel will cause some creativity to rise.
Over the years Sylantro has always been the App Server that wants to be a switch. The confusing Sylantro storyline and lack of announcing real sales that they have made has hurt them. Maybe they'll change their tune soon.
I'll keep watching, but I won't be holding my breath.