Tag Archives: genband

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 [...]
Posted in Financials, M&A | Also tagged , , , | 52 Comments

Genband Snaps Up Carrier Business

By Mark Evans | Published: February 24, 2010
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 [...]
Posted in Financials, M&A | Also tagged , , | 37 Comments

The Bizarre Nortel-Genband Deal

By Mark Evans | Published: January 6, 2010
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 , , , , | 17 Comments
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