Nortel acquisition battle heats up – Avaya increase bid

As reported today in various parts of the media, Avaya has apparently been selected to acquire the enterprise business of Nortel for $900 million with an extra $15 million set aside for staff retention. This bid is an increase from the initial one of $475 million. The acquisition will make a business to give Cisco a serious run for their money!
I hope Avaya can take full advantage of their purchase and leverage the Nortel channel partners and technology.

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