Avaya has emerged because the winning bidder for Nortel’s enterprise business, beating out Siemens Enterprise Communications over the weekend.
The firm can pay $900 million for the unit, Nortel’s Government Solutions cluster and DiamondWare Ltd., a Nortel-owned maker of softphones. Avaya also will contribute a further pool of $15 million for an employee retention program. That value is almost twice what Avaya was initially said to be shopping for the enterprise business for back in July before auction bidding kicked in. Continue reading “Avaya wins Nortel enterprise business for $900 million”