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ABOUT: NORTEL/AVAYA

Company Location: Santa Clara, California, USA
Company size: 8,700 Staff
Still In Operation: Nortel - No / Avaya - Yes

WHAT WE STOCK

We carry a wide range of Nortel / Avaya parts in both new and refurbished condition.

Please feel free to contact us on the phone or via the Contact Us page so we may help you further. You may also check our Norstar Inventory for more information.

  • NORSTAR Telephone Sets
  • NORSTAR Systems
  • NORSTAR Peripherals
  • NORSTAR Moduels
  • NORSTAR Cards
  • NORSTAR PSU
  • NORSTAR Voicemails

  • BCM 50
  • BMC 450

  • IP Office

  • Meridian 1 

THE NORTEL STORY

Nortel Networks Corporation, formerly known as Northern Telecom Limited, Northern Electric and sometimes known simply as Nortel, was a multinational telecommunications and data networking equipment manufacturer headquartered in Mississauga, Ontario, Canada. It was founded in Montreal, Quebec in 1895 as the Northern Electric and Manufacturing Company. At its height, Nortel accounted for more than a third of the total valuation of all the companies listed on the Toronto Stock Exchange (TSX), employing 94,500 people worldwide.

Nortel made telecommunications, computer network equipment and software. It served both general businesses and communications carriers (landline telephone, mobile phone, and cable TV carriers). Technologies included telephonic (voice) equipment, fiber optics, local wireless, and multimedia.

Nortel's 2009 bankruptcy case—the largest in Canadian history—left pensioners, shareholders and former employees with enormous losses while Nortel executives continued to draw "retention bonuses" totalling US$190 million during the eight-year post-bankruptcy period. Nortel had filed for protection from its creditors in the United States, Canada, and the United Kingdom in January 2009. In June 2009, the company announced it would cease operations and sell off all of its business units. The period of bankruptcy protection was extended to February 2, 2013. As part of the bankruptcy proceedings in the United States, Nortel Networks Inc. published monthly operating reports outlining cash receipts and disbursements. By 2016 Nortel had sold billions of dollars' worth of assets. Courts in the U.S. and Canada approved a negotiated settlement of bankruptcy proceedings in 2017.

AVAYA BUYS NORTEL

"In a deal worth close to $1 billion, Nortel Networks announced Monday that American rival Avaya Inc. was the successful bidder for its Enterprise Solutions division in a sale that's expected to close in December. Avaya has agreed to pay more than US$900 million – nearly twice its initial bid – in return for one of the few remaining major assets of a company that had been once considered the flagship of Canada's high-technology industry.

In addition to Nortel's global enterprise business, Avaya will get shares in its Government Solutions and DiamondWare businesses as part of the deal."

Source HERE

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