FierceWirelessFierceWirelessEuropeFierceDeveloperFierceMobileContentFierceBroadbandWirelessFierceVoIPFierceIPTVFierceTelecomFierceOnlineVideoFierceCable

Free Newsletter

About | View Sample | Privacy
Related Topics >> Nortel | Avaya | Mergers and Acquisitions

It's official - Avaya now owns Nortel ES

Tools

At long last, months since the September auction which saw Avaya win Nortel's Enterprise Solutions unit over Siemens, the $900 million deal has gone through.

The purchase of Nortel's ES unit closed Friday and now the industry has to wait and see how the merger will take shape. Some industry voices are wondering if the absorption of key Nortel staff and product lines will be a long and arduous process or be quick and painless. Bloomberg has reported that Avaya will be keeping more Nortel employees than it previously expected because the ES unit has held up well during the merger. An estimated 6,000 Nortel ES employees will stay on after the acquisition is completed. The company claims it will reveal more details over the next 30 days.

For more:
- read this article
- and this Bloomberg story

Related articles
Nortel ES sale discussion, opinion and analysis
Avaya-Nortel deal hits Canadian snag
Avaya-Nortel deal clears more hurdles
Avaya-Nortel deal gets European approval
Verizon seeks to block Avaya's Nortel bid
Report: Nortel ES unit draws additional bids


SHARE
WITH:
Email Twitter Facebook LinkedIn StumbleUpon
Get Your FREE FierceVoIP Email Newsletter:

Comments (1) | Post a comment
More stories about Nortel   Avaya   Mergers and Acquisitions  

Comments

Post new comment

The content of this field is kept private and will not be shown publicly.

More information about formatting options

CAPTCHA
This question is for testing whether you are a human visitor and to prevent automated spam submissions.