Patent disputes are unfortunately a common occurrence in the tech industry, but boy-oh-boy, the patent lawsuit filed by Rockstar may take the cake. In this case, Rockstar doesn't refer to Rockstar Games, makers of Grand Theft Auto V, but a consortium made up of Apple, Microsoft, BlackBerry, Ericsson, and Sony. At the heart of the dispute are thousands of former Nortel patents Rockstar purchased for $4.5 billion, and according to the lawsuit, several Android players infringe on these patents.
As the number of remaining iPv4 (Internet Protocol version 4) addresses continues to dwindle, Microsoft went on a buying spree of sorts. The world's largest software maker agreed to pay a tidy sum of $7.5 million to Canadian communication equipment manufacturer Nortel in exchange for 666,624 iPv4 addresses at $11.25 a pop.
Avaya on Friday announced the successful completion of its acquisition of Nortel Enterprise Solutions (NES, not to be confused with the infamous gaming console) in a deal worth $900 million. Some analysts believe the sale will leapfrog Avaya ahead of Cisco in the enterprise telephony market.
"The completion of this acquisition represents another major step in Avaya's evolution and growth in the communications industry," said Kevin J. Kennedy, president and CEO, Avaya. "Avaya and Nortel Enterprise Solutions share a common vision for the future of business communications. By combining our complementary technology portfolios, deep industry specific domain expertise, sales channels and customer bases, the new Avaya will redefine business communications and help customers to reduce costs, simplify operations and increase their business agility."
Some 6,000 employees have joined Avaya as a result of the acquisition, including 25 high-level managers. Joel Hackney, who previously served as president at Nortel, will now serve as senior vice president of Avaya Executive Committee and President of Avaya Government Solutions and Data.
Network specialist Nortel announced on Monday that it has been selected as the high bidder in the auction of nearly all of the optical networking and carrier Ethernet assets of Nortel's Metro Ethernet Networks (MEN) business. Under terms of the deal, Ciena will pay $530 million in cash and issue $239 million in aggregate principal amount of 6 percent Senior Convertible notes due in 2017. All tallied, the deal is worth $769 million.
"These optical and carrier Ethernet assets bring exceptional technologies, talent and scale that will accelerate Ciena’s current strategy to deliver innovative network solutions to customers worldwide," said Gary Smith, Ciena’s CEO and president. "With this combination, we are bringing together complementary technologies in switching and transport to create an innovative powerhouse with the scale to challenge the industry status quo and offer customers a practical path for transitioning to automated, optical Ethernet-based networking."
Ciena has high hopes for its latest acquisition, and not without merit. In 2008, Nortel generated about $1.36 billion in revenue, and $556 million (unaudited) in the first half of 2009.
At least 2,000 Nortel employees will be offered employment to become part of Ciena's global team of network specialists, the company said.