Nortel

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Nortel to sell carrier VoIP and application solutions business

Enters into sale agreements with GENBAND, Inc. for a purchase price of US$282 million, subject to balance sheet and other adjustments currently estimated at approximately US$100 million

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Ericsson to acquire Nortel's North American GSM business

Ericsson was selected as successful bidder to acquire certain assets of the Carrier Networks division of Nortel relating to Nortel's GSM business in the US and Canada. The purchase is structured as an asset sale at a cash purchase price of USD 70 million on a cash and debt free basis, subject to adjustments. This announcement follows the completion of the auction process initiated by Nortel, and the transaction is subject to approval by courts in the US and Canada and customary regulatory approvals and other conditions

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Ciena selected as successful bidder for the optical and carrier Ethernet assets of Nortel’s metro Ethernet networks business

Combination will create an innovative powerhouse to challenge the industry status quo and a global leader in next-generation automated optical Ethernet networks

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Ciena signs agreements to purchase optical and carrier Ethernet assets of Nortel’s Metro Ethernet Networks business

Proposed combination is unique opportunity to accelerate Ciena’s strategy by bringing together complementary, leading switching and transport technologies

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Ericsson to acquire majority of Nortel's North American wireless business

Ericsson has entered into an asset purchase agreement to acquire the parts of the Carrier Networks division of Nortel relating to CDMA and LTE technology in North America

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Avaya announces agreements to purchase Nortel's enterprise solutions business

Avaya today announced that it has signed agreements to purchase Nortel's enterprise solutions business for US$475 million

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