 "Avaya To Buy Nortel's Enterprise Solns Business")
Avaya has announced that it has signed agreements to purchase Nortel’s enterprise solutions business for US$475 million.
“The addition of Nortel Enterprise Solutions will increase Avaya’s global scale, expand our channel partner network, and strengthen our world-class portfolio of products and services,” said Kevin Kennedy, president and CEO, Avaya. “This is a strategic opportunity to acquire talent and complementary assets that position the combined company for growth and success. We are committed to protecting the communications investments of the customers of Avaya and Nortel, and to effectively executing the integration of Nortel Enterprise Solutions and Avaya.”
The proposed acquisition includes the Nortel Enterprise Solutions voice, data and government systems businesses.