Who would have thunk it?
Nortel announced yesterday that they have reached an agreement with Avaya to sell their enterprise division to them. This would include all the PBX/keysystems etc.
$675 Million US.
The type of agreement allows for others to come up with a better bid so it's not quite a done deal yet but they are expecting to close the deal by end of year.
Nortel has a pretty big customer base as does Avaya. Together they'll be huge. I've heard a rumor that Avaya may just fire everybody Nortel but that doesn't make a lot of sense to me. I would expect to see a rather deep house cleaning.
But in any case, it's good to be with Mitel just now.
Ralph
www.AAVoicePro.com/nortel
