The deadline for bids for Nortel’s enterprise assets has passed. Word is that Gores Group/Siemens has countered Avaya’s offer. Stay tuned.
Nortel
Nortel’s Auction Continues With Voice Applications (Sort of)
The Financial Post indicates high levels of interest in the company’s “Carrier Voice Application Services” group.
Nortel Approves Avaya’s Bid for Assets; Could Cast Its Aura Around Enterprise Software
A relatively paultry $475 million is the amount accepted by Nortel from Avaya as a “stalking horse” bid.