Avaya to buy Nortel's enterprise solutions division

BASKING RIDGE, NJ – Telecom company Avaya has struck a deal to buy Nortel’s enterprise solutions business for US $475 million.Calling the agreement “a significant step” in its goal to strengthen its position in the global business communications industry, the proposed acquisition includes the Nortel Enterprise Solutions voice, data and government systems businesses. “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 Avaya president and CEO Kevin Kennedy, in the announcement. “This is a strategic opportunity to acquire talent and complementary assets that...