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bankruptcy

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February 23, 2009  7:48 PM

Nortel’s Alteon deal with Radware worth pennies on the dollar



Posted by: Shamus McGillicuddy
alteon, bankruptcy, nortel, radware

And you thought you were underwater with your mortgage? Back in 2000 Nortel bought application delivery switching vendor Alteon for about $6 billion in an effort to keep pace with rival Cisco. Nine years later, Nortel is bankrupt and it is trying to sell off assets as it restructures itself....

February 23, 2009  7:38 PM

Radware makes deal for Nortel’s application delivery business



Posted by: Shamus McGillicuddy
bankruptcy, Cisco, Citrix, F5, nortel

One of the circling vultures has finally picked some of the juiciest meat of the bones of Nortel.  Israeli company Radware, an application delivery networking vendor, announced that it has agreed to buy...

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January 28, 2009  5:10 PM

Aruba courts Nortel customers with multivendor WLAN management suite



Posted by: Shamus McGillicuddy
Aruba, bankruptcy, Network management, nortel, wireless LAN, Wireless networking

Aruba Networks has joined the growing ring of vultures circling above Nortel Networks' Toronto headquarters, where executives are busily trying to restructure Nortel while under the cover of Chapter 11 bankruptcy protection. Aruba


January 14, 2009  4:37 PM

Nortel comes crashing down



Posted by: Shamus McGillicuddy
bankruptcy, Networking, nortel, star trek, Telecom, Unified communications

[caption id="attachment_274" align="alignnone" width="469" caption="Farewell old friend"]

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