From the category archives:

Nortel News

Apple, EMC, Ericsson, Microsoft, RIM and Sony now Own Nortel’s remaining pattents

July 29, 2011 Nortel News

Nortel Networks Corporation [OTC: NRTLQ] announced that it,its subsidiary Nortel Networks Limited (NNL), and certain of its other subsidiaries, including Nortel Networks Inc. and Nortel Networks UK Limited (in administration), have completed the sale of all of Nortel’s remaining patents and patent applications to a consortium consisting of Apple, EMC, Ericsson, Microsoft, Research In Motion [...]

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Nortel Mediation Sessions Failed…

April 15, 2011 Nortel News

Nortel Networks Corporation announced that the mediation process that had been commenced in respect of the allocation of sale proceeds of Nortel’s various business and asset divestitures and other inter-estate matters, including inter-company claims, has ended without resolution of the matters in dispute. As previously announced, the Nortel entities that are in creditor protection proceedings [...]

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Google LTE or Self Defence? Google offering $900m for Nortel’s Patent Portfolio

April 12, 2011 Mobility

Google has offered $900m for Nortel’s patent portfolio. Google claims it does so to protect it’s own patent claims and their Android strategy sure has a play in this. Nortel finds Google’s offer high enough, but there is still time for other parties to bid higher, though we find that not too likely. According to [...]

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Nortel Sells IPv4 Block of IP Addresses for US$ 7.5-million

March 25, 2011 Nortel News

Bankrupt Nortel sold 666,624 IPv4 addresses to Microsoft for the sum of US$ 7.5-million, which is over $11 per IP address. According to a court filing “Because of the limited supply of IPv4 addresses, there is currently an opportunity to realize value from marketing the Internet Numbers, which opportunity will diminish over time as IPv6 [...]

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Nortel to Sell the Assets of the GDNT Joint Venture

December 2, 2010 Nortel News

Nortel Networks Corporation announced that Guangdong Nortel Telecommunication Equipment (“GDNT”), a Chinese joint venture between Nortel Networks Limited, Nortel China Limited and certain third parties, has entered into an asset sale agreement with Ericsson (China) Communications Company Ltd. (“Ericsson”) for the sale of substantially all of the assets of GDNT for a purchase price of [...]

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Nortel Obtains Further Extension of Stay Period Under CCAA

October 28, 2010 Nortel News

Nortel Networks Corporation [OTC: NRTLQ] announced that it, its principal operating subsidiary Nortel Networks Limited and its other Canadian subsidiaries that filed for creditor protection under the Companies’ Creditors Arrangement Act (CCAA) have obtained an order from the Ontario Superior Court of Justice (Canadian Court) further extending, to February 28, 2011, the stay of proceedings [...]

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Ericsson Acquirers Nortel’s Multi Service Switch Business

October 6, 2010 Nortel News

Nortel Networks Corporation announced that it, its principal operating subsidiary Nortel Networks Limited (NNL), and certain of its other subsidiaries, including Nortel Networks Inc. and Nortel Networks UK Limited (in administration), have concluded a successful auction of substantially all of the assets of Nortel’s Multi Service Switch businesses globally. Telefonaktiebolaget LM Ericsson (“Ericsson”) has emerged [...]

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Nortel Obtains Further Extension of Stay Period Under CCAA

July 19, 2010 Nortel News

Nortel* Networks Corporation [OTC: NRTLQ] announced that it, its principal operating subsidiary Nortel Networks Limited and its other Canadian subsidiaries that filed for creditor protection under the Companies’ Creditors Arrangement Act have obtained an order from the Ontario Superior Court of Justice (“Canadian Court”) further extending, to October 29, 2010, the stay of proceedings that [...]

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Nortel CVAS Adds Real-Time Business Collaboration

May 4, 2010 Nortel News

Business collaboration took another step forward as Nortel* [OTC: NRTLQ] Carrier VoIP and Application Solutions’ (CVAS) added a new web-based UC collaboration application to its industry-leading Hosted IP Communications Solution. The new application enables service providers to increase subscriber productivity and generate incremental revenues by allowing users to instantly shift from conference calls to full, [...]

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