Private Equity Firms Acquire Avaya: Changes Afoot

In an offer valued at $8.2 billion, Silver Lake Partners, along with TPG Capital, acquired Avaya, Inc., bringing the networking stalwart into a fold of companies that includes MCI, Sabre Holdings, Instinet and Gartner. The new owners are in a better position to organize converged solutions that include call processing, speech processing and application workflows. In short, it furthers adoption of “communications-enabled business processes.”

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