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Tag Archives: M&A
Thoughts on Avaya-Nortel Deal
With Avaya’s purchase of Nortel’s enterprise business now officially complete, The Telecom Blog’s Jeff Wiener has some thoughts about what happens now. He writes that early indications suggest Avaya has a good handle on folding Nortel’s enterprise unit into the fold, as well as the market forces at play. “Now customers and dealers have to [...]
Four More Days for Optical Bids
Clearly not satisfied with a $511-million offer from Ciena, Nortel has decided to tack on an additional four days for others to make offers for its optical networking and carrier Ethernet business. The deadline is now Nov. 17. Nortel said the decision was made “in light of ongoing discussions with interested parties”. The company expects [...]
Did Ciena Spill the Beans on Nortel Deal?
Ciena issued a press release today that it is in “advanced discussions” to acquire substantially all of the optical networking and carrier Ethernet assets of Nortel’s Metro Ethernet Networks (MEN) business, adding any agreements would be “subject to a competitive bidding process”. But some alert AAN readers contend Ciena may have prematurely spilled the beans [...]
Exclusive: Siemens Gore to Bid for Nortel’s Enterprise Business
With tomorrow’s deadline to submit bids for Nortel’s enterprise busines, All About Nortel has learned from reliable sources that Siemens Gore will be making a competing bid. As it now stands, Avaya is the only bidder in the “stalking horse” process with a $475-million offer. Siemens, however, believes it would be better fit because most [...]
Sonus Pursuing Nortel’s VoIP Business?
As the Nortel Garage Sale continues, it looks like the company’s VoIP business could be the next bargain to be snapped up. Samih Elhage, president of Nortel’s carrier VoIP and application solutions business, told the Financial Post earlier this week that a “stalking horse bid” was on the near horizon. Lightreading reports that a leading [...]
A Note from Genband CEO Charlie Vogt