Google has bid $900 million for Nortel’s patents, and in the process, appears to be starting its own war with the patent system. However, underneath its high-minded rhetoric about keeping people free to innovate, Google is beefing up its war chest to ensure control over Android. Read More »
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Huawei, the Chinese telecom equipment maker wants to be the biggest networking equipment maker in the world. And it wants to do that by not just selling cut-rate gear. Instead it wants to sign-up bright minds from around the world to help it innovate. Read More »
Almost a year after Nortel filed for bankruptcy, we take a look at what’s left of the 114-year-old company that began as Northern Electric and Manufacturing to sell telephones to Canadians. All that remains are some patents and an IP phone joint venture with LG. Read More »
Minutes after the U.S. stock markets started winding down for the weekend, a few technology giants — Avaya, Nortel, Microsoft and Yahoo– made some announcements that amount to nothing more than tying up loose ends. Read More »
Ciena today beat out Nokia Siemens Network to buy bankrupt Nortel’s metro Ethernet business for $769 million, winning the bidding war for the assets that it began in October. A court will still have to approve the deal that will see Ciena, which makes fiber… Read More »
Nokia Siemens, a telecommunications equipment joint venture, plans to lay off up to 5,700 employees, or 7-9 percent of its work force, in order to cut about $740 million in costs. The company, which is a joint venture between Siemens and cell phone maker… Read More »
The piece-by-piece sale of fallen Canadian giant Nortel continues. Avaya, an enterprise telephony company that was carved out of telephony’s fallen star, Lucent Technologies, has bought Nortel’s PBX business for $900 million in cash, the two companies announced today. Initially Avaya had bid… Read More »
Verizon has come out against Nortel selling its enterprise telephony business to Avaya, which has offered about $475 million for it, because neither the seller nor the buyer want to take on the contracts to service the equipment currently installed in U.S. government and business… Read More »
Nortel Networks, the bankrupt telecom equipment maker that is in the process of dismembering itself and selling off its pieces, says President and CEO Mike Zafirovski is leaving the company. Nortel is trying to put a happy face on the story, but the fact… Read More »
Ericsson says it 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 for an estimated price of about $1.13 billion. Ericsson beat out other bidders Nokia… Read More »
It’s been sad, watching the proverbial vultures that have been circling overhead during the past few months, waiting to swoop in and feast off the carcass of a once-exalted company called Nortel. But after being run by a parade of incompetents who set it on… Read More »
Ivan Seidenberg, the CEO of Verizon, appeared on “The Charlie Rose Show” yesterday talking about the communication company’s plans for global growth, network neutrality and the role of government. For the record, Verizon plans to build out its wireless business internationally within the next… Read More »
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