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Ciena buys Nortel metro Ethernet, optical units

Nortel Networks Corp. has agreed to sell its metropolitan Ethernet and optical networking units to Ciena Corp. for $769 million, $248 million more than its initial offer announced Oct. 7.

| News | Networking | Unified communications | 11/25/09 at 10:41 am |


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Ericsson hires 900 Canadian Nortel workers

Telefonaktiebolaget LM Ericsson has completed the final step in acquiring Nortel Networks Corp.'s carrier wireless assets for US$1.13 billion and has hired more workers than it originally promised to in Canada.

| News | Networking | Unified communications | 11/25/09 at 9:37 am |


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IT industry graveyard 2009

Paying respects to Nortel as we knew it, Circuit City and more.

| Feature | Networking | Offbeat | 10/27/09 at 12:15 pm |


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Ex-Nortel CEO seeks $12M from bankrupt company

Former Nortel CEO Mike Zafirovski is seeking more that $12 million from the bankrupt company, according to a filing in the US Bankruptcy Court for the District of Delaware.

| News | Business | Legal | 10/08/09 at 7:54 pm |


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Ciena to buy Nortel unit for $521 million

Ciena has agreed to acquire Nortel’s Metro Ethernet Networks business for approximately $521 million in cash and stock.

| News | Networking | 10/07/09 at 3:04 pm |


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IT industry graveyard 2009

| Feature | Networking | Offbeat | 10/27/2009 - 12:15 | 1 comment | 11I like it!

Ex-Nortel CEO seeks $12M from bankrupt company

| News | Business | Legal | 10/08/2009 - 19:54 | I like it!

Ciena to buy Nortel unit for $521 million

| News | Networking | 10/07/2009 - 15:04 | I like it!

Nortel could offload Metro Ethernet unit to Ciena

| News | Networking | 10/05/2009 - 20:22 | 1I like it!

Canadian government could stop Nortel-Avaya deal

| News | Business | Networking | 09/28/2009 - 12:51 | 2I like it!

Nortel users should hope for best, prepare for worst

| News | Networking | 09/18/2009 - 21:46 | I like it!

Nortel lost $5.8 billion in 2008

| News | Business | 03/02/2009 - 16:06 | 3 comments | 5I like it!

IT industry graveyard 2009

| Feature | Networking | Offbeat | 10/27/2009 - 12:15 | 1 comment | 11I like it!

Former execs offer to buy Nortel: report

| News | Networking | 06/10/2009 - 19:54 | 1 comment | 5I like it!

IBM, HP lead the way on green IT

| News | Green IT | 10/16/2008 - 14:54 | 1 comment | 3I like it!

Sale of key Nortel assets may be inevitable

| News | Business | Networking | 03/12/2009 - 20:26 | 1 comment | 17I like it!

Nortel's bankruptcy: A long time coming

| Analysis | Business | Networking | 01/16/2009 - 10:24 | 1I like it!

Nortel continues the enterprise fight

| News | Networking | 05/18/2009 - 15:39 | I like it!
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