Tag Archives: acquisition

Nortel’s Cupboards Almost Bare of Assets Now

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. [...]
Posted in Financials, M&A | Also tagged , , | 80 Comments

What’s Next Nortel?

I saw an ad on AAN that caught my attention that said: Nortel – Official SiteReliable Info – 100% TransparentVisit the Official Site Now! Being a curious type, I clicked on the ad, and discovered it’s a Web site (next.nortel.com) for Nortel’s enterprise solutions business, which has been acquired by Avaya. Some of the headlines [...]
Posted in Enterprise | Also tagged , , , | 7 Comments

Ericsson Canada’s Mark Henderson Talks About Nortel Deal

The Globe & Mail’s Simon Avery did a Q&A with Ericsson Canada president Mark Henderson about the company’s purchase of Nortel’s CDMA business and LTE R&D unit. Among the highlights is the that the deal will double Ericsson’s R&D spending Canada, which totalled $126-million in 2008. More: Nortel said today that the deal with Ericsson [...]
Posted in Financials | Also tagged , , | 20 Comments

How Much Will Nortel Get for Optical Assets?

It will be interesting to see how much Nortel will get for its optical and Ethernet assets in the wake of Ciena’s $521-million “stalking horse” bid. Given what happened during the auctions for Nortel’s CDMA and enterprise assets, it’s entirely possible the optical and Ethernet assets could fetch $1-billion or more. A key question will [...]
Posted in Financials, M&A | Also tagged , , , , | 12 Comments
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