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Nortel Networks

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Nortel Networks Corporation designs, develops, engineers, markets, sells, supplies, licenses, installs, services, and supports networking solutions worldwide. The company was founded in 1914 and is headquartered in Toronto, Canada. It has strategic alliances principally with Microsoft Corporation; Dell, Inc.; and IBM.

Its Carrier Networks segment offers wireline and wireless networks to supply mobile voice, data, and multimedia communications services to individuals and enterprises using cellular telephones, personal digital assistants, laptops, soft-clients, and other wireless computing and communications devices. This segment also provides circuit- and packet-based voice switching products that offer local, toll, long distance, and gateway capabilities.

The company’s Enterprise Solutions segment provides unified communications, Ethernet routing and multiservice switching, Internet protocol (IP) and digital telephony, wireless local area networks, security, IP and session initiation protocol (SIP) contact centers, self-service solutions, messaging, conferencing, and SIP-based multimedia solutions.

Its Global Services segment offers network implementation services, including network integration, planning, installation, optimization, and security services; network support services, such as technical support, hardware maintenance, equipment spares logistics, and onsite engineers; network managed services, including services related to the monitoring and management of customer networks, and providing network managed service options; and network application services, such as applications development, integration, and communications-enabled application solutions.

Nortel’s Metro Ethernet Networks segment provides carrier ethernet switching, optical networking, and multi-service switching products.

Recent Milestones

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  Nortel Networks — Nortel To Sell Its Venture Capital Investments For $23M (11/5/10)
  Posted 11/5/10 at 8:12pm via dowjones.com
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  Nortel Networks — Nortel agrees to sell its carrier VoIP assets and patents to Genband, for $282 million, in a "stalking-horse" arrangement. (12/23/09)
  Posted 12/23/09 at 10:52am via wsj.com
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  Nortel Networks — Nortel to sell optical networking and carrier Ethernet assets to Ciena (11/23/09)
  Posted 8/6/11 at 10:20am via altassets.com
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  Nortel Networks acquired DiamondWare for $8M. (8/19/08)
  Posted 8/2/09 at 6:01pm
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  Nortel Networks acquired Pingtel. (8/13/08)
  Posted 8/11/09 at 6:41pm via nortel.com
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  Nortel Networks added Paul Krajewski as New Grad Leadership Program. (7/1/07)
  Posted 3/2/10 at 10:08am
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  Nortel Networks invested in Tango Networks. (2/8/07)
  Posted 2/10/10 at 6:04am via americanventuremagazine.com
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  Nortel Networks invested in Trapeze Networks. (8/28/06)
  Posted 5/5/10 at 7:28pm via trapezenetworks.com
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  Nortel Networks invested in Trapeze Networks. (4/6/05)
  Posted 8/4/10 at 10:35pm via trapezenetworks.com
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  Nortel Networks added John O'Hara as Director of Engineering. (1/1/98)
  Posted 5/24/13 at 10:00am
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  Nortel Networks added Chris Hart as Mgr, Optical Packaging R&D . (1/1/98)
  Posted 4/4/13 at 9:31pm
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  Nortel Networks added Mangala Karunaratne as Product Manager. (1/1/97)
  Posted 11/30/10 at 3:48pm
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  Nortel Networks added Yan Hui as Member of Technical Staff. (1/1/97)
  Posted 4/19/13 at 5:58pm
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  Nortel Networks added Jay Cuthrell as Head ISP App Engr. (5/1/96)
  Posted 11/24/09 at 12:06am
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  Nortel Networks added Stacy Young as TAC Engineer. (2/10/96)
  Posted 10/13/10 at 11:04am
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  Nortel Networks added Hamid Arabzadeh as VP and GM Metro Optical Business. (5/1/95)
  Posted 12/13/11 at 7:01pm

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Sources

1. Citation Needed [add]
2. Nortel Acquires Pingtel’s Business to Extend Unified Communications Capabilities (www2.nortel.com) [edit]
3. Tango Networks Secures $25 Million Series A Funding (americanventuremagazine.com) [edit]
4. Trapeze Networks Secures $30 Million in Series D Funding (trapezenetworks.com) [edit]
5. TRAPEZE NETWORKS RAISES ANOTHER UP-ROUND OF FUNDING (trapezenetworks.com) [edit]
UPDATE: Nortel In Stalking-Horse Deal With Genband For CVAS Business (online.wsj.com) [edit]
Nortel To Sell Its Venture Capital Investments For $23M (fis.dowjones.com) [edit]
Private equity-backed Nortel’s network assets sell for $769m (altassets.com) [edit]