Nortel enterprise chief discusses Avaya deal Nortel agreed to sell its Enterprise Solutions group to Avaya for $475 million, barring any better offers from other potential bidders under the "stalking horse" arrangement. Nortel's enterprise chief Joel Hackney shared a few thoughts about the deal and its implications. Can Cisco benefit from Avaya/Nortel deal? So Avaya did the expected and made an offer for Nortel's enterprise business. But the "stalking horse" arrangement really initiates an auction for the Nortel asset, with a starting bid of $475 million. Should Cisco offer a bid? Or should it wait and welcome refugee customers with open arms? Avaya set to buy Nortel enterprise business for $475 million As expected, Nortel has entered into a "stalking horse" asset and share sale agreement with Avaya for its Enterprise Solutions business. July Giveaways Cisco Subnet is giving away 15 copies each of books on Enterprise Web 2.0 and Building a Greener Data Center; Microsoft Subnet is giving away training from New Horizons to one lucky reader and 15 copies of Microsoft SQL Server 2008 Reporting Services Unleashed. Entry forms can be found on the Cisco Subnet and Microsoft Subnet home pages. Deadline for entries July 31. Network World on Twitter? You bet we are |
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