Category Archives: M&A

Google Asset Sale Approved

By Mark Evans | Published: May 2, 2011
Looks like Google is one step closer to acquiring Nortel’s patent portfolio for $900-million. In a press release, Nortel said today it had obtained orders from the United States Bankruptcy Court for the District of Delaware and the Ontario Superior Court of Justice approving the “stalking horse” asset sale agreement with Ranger Inc., a wholly [...]
Also posted in Legal Issues | Tagged , , | 52 Comments

Google Agrees to Buy Nortel’s Patents

By Mark Evans | Published: April 4, 2011
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, [...]
Also posted in Financials | Tagged , , , | 40 Comments

Nortel Patent Portfolio on the Block

By Mark Evans | Published: December 11, 2010
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 [...]
Posted in M&A | Tagged , , | 229 Comments

Nortel’s Cupboards Almost Bare of Assets Now

By Mark Evans | Published: April 21, 2010
I had intended not to spend too much time on AAN with my consulting business rocking and rolling but I’ll take a hall pass with Ericsson’s plans to spend US$242-million to buy Nortel’s 50% + 1 stake in LG-Nortel Co., Nortel’s joint venture with LG Electronics – one of ex-Nortel CEO Bill Owens’ few successes. [...]
Also posted in Financials | Tagged , , , | 80 Comments

Ericsson Reportedly Buys LG Stake

By Mark Evans | Published: March 18, 2010
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 [...]
Also posted in Financials | Tagged , , , | 18 Comments

A Note from Genband CEO Charlie Vogt

By Mark Evans | Published: February 25, 2010
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 [...]
Also posted in Financials | Tagged , , , , | 52 Comments
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