Avaya announced its offer to purchase Nortel Enterprise Solutions on July 20, 2009. On 14 September 2009, Avaya was selected to acquire Nortel Enterprise Solutions for US $900 million and an additional pool of $15 million reserved for an employee retention program. The deal includes substantially all of the assets of Nortel’s global Enterprise Solutions business as well as the shares of Nortel Government Solutions, Incorporated and DiamondWare, Ltd, pending court approval on September 15, 2009.
The final transaction is subject to court and customary regulatory approvals in Canada and the United States. This marks an important step in significantly strengthening Avaya’s leadership in business communications and positioning the company to effectively deliver industry leading enterprise communications solutions to customers around the globe.
