Avaya & Nortel - Does 1 plus 1 equal less than one?
This possibility of Nortel and Avaya coming together was all over the news yesterday. I wanted to post and write something, but for me, this feels like a tired story. This is somewhat akin to Elizabeth Taylor taking on another husband, isn't it?
It's like a bad personals ad.
Beleagured has-been formerly known for cutting edge innovation seeks financially troubled kindred spirit for mutually assured destruction.
It may not be quite that bad, but I think you get the point. Here we have two companies that were trendsetters and industry leaders in their heyday - back at their roots. Today, they're tired, staid, troubled and not terribly interesting. And for me, the blend of mediocrity with troubled business models just doesn't make this a very exciting story.
Analysts: Avaya, Nortel Deal Could Create LeaderPlease excuse me if I hold my applause until there's some substance somewhere. I see a merger of equals as nothing but creating a new opportunity for layoffs. I can see a lot of people losing their jobs here, but I don't see any cutting edge technology or new development of merit. I'd like to see that, but I don't. I see a lose-lose proposition.
NEW YORK (Reuters)—A merger between Avaya Inc. and Canada's Nortel Networks Corp. could create a leading vendor of Web-based phone systems, analysts said on Tuesday, as talk swirled over a possible buyout bid for the U.S. telecommunications equipment maker.
Avaya has long been the subject of takeover speculation because of its small size compared to rivals like Cisco Systems Inc. and due to a growing number of companies vying to sell Internet protocol (IP) phone systems to businesses.
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Technorati Tags: Nortel, Avaya, unifed communications
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