-
Mark’s Blogs
Find ME Online
-
Tag Archives: carrier
Genband Snaps Up Carrier Business
The carrier VoIP business must be in rough shape or Nortel’s carrier VoIP isn’t doing that well after it appeared that no one else other than Genband was interested in the business. In a press release, Nortel said today that Genband has acquired the business for US$182-million after taking into account “balance sheet and other [...]
The Bizarre Nortel-Genband Deal
After eight months on the block and seven expressions of interest, Nortel unveiled the proposed sale of its carrier voice and applications business to Genband last month for $282-million. Like the other asset sales, it is a stalking horse bid now could see other bids before an auction is held. Despite a lot of speculation [...]
Posted in Financials, M&A Also tagged bankruptcy, genband, Nortel, one equity partners, stalking horse 17 Comments
Could a New Nortel Emerge?
Just a crazy thought on a cold, winter afternoon but is there a chance that Nortel could emerge from bankruptcy protection rather than disappearing after selling all of its assets? Let’s assume that LG acquires the stake in the Nortel-LG joint venture, and Nortel sells off some minor assets. That would leave it with the [...]
Nortel Garage Sale Carries On
Another day, another part of Nortel to auction off to the highest bidder. This time, the company plans to sell the software assets of its carrier division. An interesting part of the proposed sale is it includes non-patent intellectual property, equipment and other related assets. Instead, Nortel said in a filing it will a non-exclusive [...]
A Note from Genband CEO Charlie Vogt