Avaya Touts Nortel Enterprise Solutions AcquisitionBy eChannelLine | Posted 2012-12-11 Email Print
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Avaya says the $475 million acquisition agreement is a big step in strengthening its position in the business communications market and also in its ability to provide enterprise communications solutions to customers.
has signed an agreement to acquire Nortel Enterprise Solutions, the latter's enterprise solutions business, for $475 million.
According to Avaya, the acquisition agreement is a big step in strengthening its position in the business communications market and also in its ability to provide enterprise communications solutions to customers. Avaya was unable to comment on how this acquisition would have an impact on its own product portfolio or its channel partners.
"The addition of Nortel Enterprise Solutions will increase Avaya's global scale, expand our channel partner network, and strengthen our world-class portfolio of products and services," said Kevin Kennedy, president and CEO of Avaya, in a statement. "This is a strategic opportunity to acquire talent and complementary assets that position the combined company for growth and success. We are committed to protecting the communications investments of the customers of Avaya and Nortel, and to effectively executing the integration of Nortel Enterprise Solutions and Avaya."