News tagged with nortel
Nortel was penetrated by hackers for decade: report
Bankrupt Canadian telecom company Nortel was penetrated for at least a decade by hackers believed to have been operating from China, the Wall Street Journal reported Tuesday.
Feb 14, 2012 |
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Can Kodak rescue itself via a patent bonanza?
Picture this: Kodak - the company that invented the first digital camera in 1975, and developed the photo technology inside most cellphones and digital devices - is in the midst of the worst crisis in its ...
Oct 30, 2011 |
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Google raised Motorola bid by $3B to get deal done
Google prized Motorola Mobility's patent portfolio so much that it threw in an extra $3 billion to get its takeover offer accepted last month.
Sep 14, 2011 |
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Nortel Networks' patent portfolio up for auction
One of the more intriguing auctions scheduled later this month won't involve fine art or vintage sports cars or other expensive trinkets, but it is expected to attract some deep pockets.
Jun 10, 2011 |
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Icahn pushes Motorola to turn patents into cash
(AP) -- Shares of cellphone maker Motorola Mobility Holdings jumped to a four-month high Thursday after activist investor Carl Icahn disclosed that he's pushing the company to squeeze profits from its vast patent portfolio.
Jul 21, 2011 |
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Canada won't review $4.5B sale of Nortel patents
(AP) -- The $4.5 billion sale of Nortel's patent portfolio to a consortium including Research In Motion Ltd. cleared another hurdle Tuesday as the Canadian government said the deal does not need to be reviewed under the ...
Jul 19, 2011 |
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Judges in US, Canada approve Nortel patents sale
(AP) -- U.S. and Canadian judges have approved a $4.5 billion cash bid from a consortium that includes smartphone makers Apple and Research In Motion for patents held by bankrupt telecom-equipment maker Nortel.
Jul 11, 2011 |
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Nortel to sell itself off in pieces
(AP) -- Nortel Networks, once a technology giant, has decided to sell itself off in pieces rather than attempt to emerge from bankruptcy as a restructured company.
Jun 20, 2009 |
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US, Canadian judges approve Nortel bankruptcy sale
(AP) -- Nortel Networks Inc. won approval Wednesday from judges in Delaware and Ontario for the $900 million sale of a Nortel unit that makes communications systems for businesses.
Sep 16, 2009 |
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Nortel sells mobile network to Ericsson and Kapsch
Canada's Nortel Networks on Thursday announced it has completed the 103 million dollar sale of its GSM-GSMR wireless business to Sweden's Ericsson and Austria's Kapsch.
Apr 02, 2010 |
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Ciena wins court approval for Nortel unit bid
(AP) -- Ciena Corp. won court approval Thursday to start bidding on Nortel Network Corp.'s optical and Ethernet division with an offer valued at more than $532 million.
Oct 16, 2009 |
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CEO of Nortel steps down as company liquidates
(AP) -- Nortel Networks CEO Mike Zafirovski is stepping down from the troubled telecommunications company, saying "a natural transition point" has been reached as the company continues to liquidate.
Aug 10, 2009 |
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Courts OK $1.13B sale of Nortel assets to Ericsson
(AP) -- U.S. and Canadian courts have approved Swedish wireless company LM Ericsson's $1.13 billion bid to buy next-generation wireless technology and other assets from insolvent telecom equipment maker Nortel Networks Corp.
Jul 28, 2009 |
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Nortel strikes deal to sell business unit to Avaya
Canadian telecom equipment maker Nortel said Monday it reached a deal to sell its enterprise solutions business to US-based Avaya for 475 million dollars pending approval of a bankruptcy court.
Jul 20, 2009 |
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London 2012 replaces sponsor Nortel with Cisco
(AP) -- London Olympic officials on Friday replaced bankrupt Canadian technology sponsor Nortel Networks with Cisco for the 2012 Games, a move that will cost organizers $19.4 million in revenue.
Jul 10, 2009 |
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