Tag Archives: siemens gore

Details About Friday’s Enterprise Auction

With multiple bids submitted last Friday for Nortel’s enterprise business, an auction will now take place on Friday (an odd choice given it’s the eighth anniversary of 9/11) in New York City. Much like the CDMA auction, the companies involved will make bids until no one decides to top the highest offer. The big question [...]
Posted in General | Also tagged , , , | 56 Comments

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 [...]
Posted in Financials, M&A | Also tagged , , , | 61 Comments
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