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Nortel Closes Tasman Deal
By Mark Evans | February 27, 2006
The $99.5-million, all-cash acquisition of Tasman Networks closed today, and it’s now part of Nortel’s enterprise data networks business unit. "This furthers Nortel’s strategy to be a leading provider of IP telephony products and applications to the enterprise market", the company said in a press release. With Tasman officially in the fold, it would be interesting to get a better handle on Nortel’s enterprise strategic in terms of where it wants to compete and how it will navigate the competitive landscape against strong players such as Cisco and Avaya.
Topics: Technology |