Avaya has announced that it has entered into a 'stalking horse' asset and share sale agreement to purchase Nortel's enterprise business for $475 million. The combined entity would account for over 30% of the global contact center market and cement Avaya's market share lead in North America while fortifying its position in other global regions for the next several years. However, the combined company would face a confused product portfolio with a good deal of overlap and a channel that has been beaten, bruised and battered during Nortel's long sunset.
Avaya's acquisition of Nortel is not yet a done deal
Avaya's acquisition of Nortel is not yet a done deal
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