Nortel Networks will acquire Xros in stock deal

Article Abstract:

Nortel Networks Corp. will acquire Xros Inc. for US$3.25 billion (3.37 billion euros). The deal represents Nortel's attempt to compete with its rival Lucent Technologies.

Xros Inc.

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Nortel negotiates to buy Swiss plant from JDS for $3 billion in stock

Article Abstract:

Nortel Networks Corp. is engaged in negotiations to acquire JDS Uniphase Corp.'s laser facility in Switzerland. Nortel wants to acquire the facility for almost $3 billion (3.19 billion euros) in shares.

Strategy & planning, Switzerland, Facilities & equipment, Other Communications Equipment Manufacturing, Fiber Optics Systems & Equip, All Other Miscellaneous Electrical Equipment and Component Manufacturing, Communications equipment, not elsewhere classified, Lasers, Fiber optic networks, Buildings and facilities, JDSU, Fiber optics industry, Laser industry, JDS Uniphase Corp.

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Nortel to acquire Periphonics Corp. for 415 million euros

Article Abstract:

Nortel Networks Corp. has reached an agreement to acquire Periphonics Corp. in a deal worth approximately $436 million (415.2 million). The transaction will be an all-stock acquisition. Nortel stated that its purchase of Periphonics is part of its strategy of offering networks that will combine voice, data, and the Internet. Periphonics is a manufacturer of software that enables call center users to gain access to a firm's database or customer servicesn through touch tone or voice response phone systems and the Internet.

United States, Electronic Computer Manufacturing, Foreign operations, Computers & Auxiliary Equip, Computer industry, Abstract, Periphonics Corp.

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