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Category Archives: M&A
Google Agrees to Buy Nortel’s Patents
Just when you thought All About Nortel had gone into permanent hibernation, we’re back for a special guest appearance. How come? Google has entered into a stalking horse agreement to buy Nortel’s patent portfolio, the last piece of the company’s one-time telecom empire. In a deal worth $900-million, Nortel will transfer its remaining 6000 patents, [...]
Nortel Patent Portfolio on the Block
It’s been awhile since I did a post on All About Nortel but figured that a “guest” appearance is warranted as the final piece of the Nortel empire – its extensive patent portfolio – goes on the block. According to Reuters, final bids are due within weeks, including its much-coveted 4G wireless patents. Among the [...]
Ericsson Reportedly Buys LG Stake
Ericsson is reportedly buying Nortel’s 50% + 1 stake in the Nortel-LG joint venture – a move that, if accurate, meant that LG didn’t exercise its right of first refusal. The deal was reported by the Seoul Economic Daily’s Web site today. Whether the deal has been consummated is unclear as LG said nothing has [...]
A Note from Genband CEO Charlie Vogt
Now that the sale of Nortel’s carrier VoIP and applications business has been sold to Genband for $183-million, Genband CEO Carlie Vogt sent a note to the employees involved in the deal: Greetings from GENBAND An open letter to employees of Nortel’s Carrier VoIP and Application Solutions business On behalf of GENBAND, our management team [...]




Google Asset Sale Approved