Avaya a takeover target?

Reports indicate rivals, private equity dealers may be looking to swallow call center manufacturer

AT&T/Lucent spinoff Avaya may soon be on the block, according to several industry reports. The telecom equipment manufacturer and integrator has been an independent company since 2000, coming of age as the Internet and call center build-out period peaked and crashed. The company has not yet publicly commented on the reports.

Publicly traded rivals Cisco and Canada-based Nortel, as well as equity firm Silver Lake Partners, have all been mentioned in connection with the takeover speculation. Cisco is by far the biggest of the three and could be looking to consolidate market share gains. Nortel could stand to solidify its competitive position against the ever-expanding Cisco.

Shares of Avaya traded more than 15 percent higher Tuesday on the reports, the first full day of US market trading since rumours began circulating over the weekend. At the close of trading, Avaya had a market value just north of US$7 billion. Former Lucent/AT&T sibling Agere Systems finished its merger with LSI Logic less than two months ago.

Featured Resources

BCDR buyer's guide for MSPs

How to choose a business continuity and disaster recovery solution

Download now

The definitive guide to IT security

Protecting your MSP and your customers

Download now

Cost of a data breach report 2020

Find out what factors help mitigate breach costs

Download now

The complete guide to changing your phone system provider

Optimise your phone system for better business results

Download now

Most Popular

16 ways to speed up your laptop
Laptops

16 ways to speed up your laptop

29 Apr 2021
How to move Windows 10 from your old hard drive to SSD
operating systems

How to move Windows 10 from your old hard drive to SSD

30 Apr 2021
Dell patches vulnerability affecting hundreds of computer models worldwide
cyber security

Dell patches vulnerability affecting hundreds of computer models worldwide

5 May 2021