Posts tagged SALE

Ericsson wins auction to buy Nortel wireless division

0
July 26, 2009
by Michael McNamara in

It seems that Sweden’s LM Ericsson has won the bidding war over the wireless assets of Nortel Networks, agreeing to pay $1.13 billion almost double the initial offer made by Siemens Nokia for $650 million.

Cheers!

References;

http://www2.nortel.com/go/news_detail.jsp?cat_id=-8055&oid=100259793&locale=en-US

http://www.nytimes.com/2009/07/27/technology/27nortel.html

And the winner is – Avaya

5
July 20, 2009
by Michael McNamara in

avaya-thumbAs with the sale of Nortel’s wireless division, Avaya is now the “stalking horse” for the enterprise division. I had heard that Avaya had walked away from the table but I guess for $475 million it’s too cheap to resist.

With the overlap of voice solutions I’m really curious how this will play out with the voice solutions. As for the networking components I don’t believe Avaya has much of anything so it should certainly help them sell complete solutions.

I’m curious to see what folks think about this… time for another poll;

[poll id="7"]

Cheers!

References;

http://www2.nortel.com/go/news_detail.jsp?cat_id=-8055&oid=100259133&locale=en-US
http://www.avaya.com/gcm/master-usa/en-us/corporate/pressroom/pressreleases/2009/pr-090720.htm
http://www.allaboutnortel.com/2009/07/20/mike-z-s-zmail-about-nortels-enterprise-sale/
http://www.allaboutnortel.com/2009/07/20/nortel-to-sell-enterprise-business-to-avaya/

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