Sunday, May 29, 2011

Google buys Nortel Networks for 900 million dollars

Nortel Networks company officially stated that Google will buy part of their shares for $ 900 million. This transaction company Nortel Networks will be eliminated from the market of telecommunications equipment. The flyer of its shares, the company announced in 2009.


In addition to the Google company Nortel Networks offices already own such company: Avaya-owned unit of enterprise solutions that cost almost half a billion dollars, and the company Ericsson purchased the unit, which relates to the development of CDMA and LTE wireless networks that cost the company billions of dollars in 1.13.

While the deal has not yet been completed, the remaining divisions of the company Nortel Networks may belong to whoever is willing to pay more than $ 900 million. dollars. This amount includes more than 60 patents for various inventions in the field of telecommunication equipment.

Source: sitetrail.com

Wrote: Nikolai Yeremenko

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