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M&A

IBM to Snap Up Nortel?

There are rumors - and I stress rumors - that IBM is going to acquire Nortel.
Yup, that’s the speculation that has reportedly been gaining a lot of traction. Don’t ask me where I heard this rumor but I’ll try to provide more details as they emerge.
With Nortel trading at $5.90, IBM is looking at a [...]

Nortel Sells Sasken Statek

Three years after buying a stake in India’s Sasken Technologies, Nortel has reportedly exited by selling the 9.3% it had left in the company, which develops software for 3G wireless and broadband DSL technologies.
The stake in Sasken was the brain-child of ex-Nortel CEO Bill Owens, who also committed Nortel to a money-losing contact BSNL.

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Roese Explains Wheeling and Dealing

If you’re looking for some insight into why Nortel has suddenly become a M&A machine after sitting on the sidelines for nearly three years, Nortel CTO John Roese has a lengthy blog post (a whopping 1,597 words!) about the company’s acquisition strategy, and how Novera, PingTel and DiamondWare fit into the scheme of things.

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Let’s Make a Deal….Again

Gee, the deals are coming fast and furious these days!
After not making an acquisition for nearly three years, Nortel made its third acquisition in the past three weeks by picking up DiamondWare for as much as $10-million.
DiamondWare, a 12-person operation based on Mesa, Arizona, develops 3D high-fidelity audio technology, which is used in games, simulators, [...]

More on PingTel

Matthew Nickasch has some more thoughts on the Nortel-PingTel deal after after some blistering thoughts earlier. He even has some nice things to say about Nortel’s R&D efforts in the SIP area.
As well, CNet’s Matt Asay has some thoughts on the deal.

Technorati Tags: Nortel, pingtel, SIP

The Future of PingTel

Matthew Nickasch over at Network World has some thoughts about the future of PingTel, which Nortel purchased earlier this week for an undisclosed amount to beef up its unified messaging portfolio.
More: Dow Jones has a story looking at the Bluesocket, which sold PingTel to Nortel.

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It’s a Buying Frenzy!

After sitting on the M&A sidelines for nearly three years, the deals are coming fast and furious for Nortel.
Nortel said today it has purchased the PingTel business from Bluesocket Inc. for an undisclosed amount. According to PingTel’s Web site, it is “reshaping the communications market by delivering the first enterprise-grade SIP PBX based on 100% [...]

Believe It or Not: Nortel Buys Something

For the first time more than two years, Nortel has made an acquisition by coughing up $26-million for Novera Optics, which makes low-cost, high-performance optical access technology based on WDM-PON (Wavelength Division Multiplexed Passive Optical Network) technology.
Novera sells into markets such as FTTB (Fiber-To-The-Building) and FTTC (Fiber-To-The-Curb) extensions, MxU (Multi-Dwelling and Multi-Tenant Units), RT [...]

Nortel to Hold Off on M&A

Lots of stuff coming out of the AGM. Among the most interesting is a Reuters story in which Mike Zafirvoski suggests Nortel could make acquisitions to fuel growth but it will refrain given tighter credit markets.
“In the current environment, of course, financing is a challenge relative to where it was a year ago,” he said, [...]

Motorola Riper for a Deal with Nortel

Motorola looks increasingly vulnerable these days after it posted a 21% decline in first-quarter sales and a net loss of $194-million. The big shocker was a 40% drop in the mobile phone business to $2.1-billion.
With Motorola scrambling financially, maybe the idea of a marriage/deal with Nortel looks more appealing as a way for two struggling [...]