Wednesday, September 29, 2010

NORTEL STRIKES DEAL TO SELL BUSINESS UNIT TO AVAYA (AFP)



Striking employees of Nortel France, a subsidiary of the Canadian telecommunications firm Nortel, gather in front of the entrance of the factory during a general assembly in Chateaufort, outside Paris. Nortel said Monday it reached a deal to sell its enterprise solutions business to US-based Avaya for 475 million dollars pending approval of a bankruptcy court.(AFP/Boris Horvat)AFP - Canadian telecom equipment maker Nortel said Monday it reached a deal to sell its enterprise solutions business to US-based Avaya for 475 million dollars pending approval of a bankruptcy court.




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