Texas-Based Genband Buys Nortel’s VoIP Business For $282 Million (The Inquisitr)
Toronto, Ontario, Canada (AHN) – Another Nortel Networks asset was successfully sold on Wednesday following the signing of an agreement between Nortel and Texas-based Genband to purchase the bankrupt Canadian telecom firm’s carrier Voice over Internet Protocol and application solutions business. The deal is worth $282 million, but subject to valance sheet and other adjustments estimated [...]
(here is the story…)
