Nortel’s Unexpected Victory
The VAR Guy was going to blog today about Nortel’s failure to acquire Avaya. But his thesis — Avaya going private is a big win for Nortel — was already covered by another sharp blogger.
Mark Evans, the man behind the All About Nortel blog, says the private equity buyout of Avaya has two potential upsides for Nortel. First, Nortel can continue to focus on its own business rather than digest Avaya. Second, Avaya wasn’t acquired by Cisco Systems — which means Nortel doesn’t have to worry about a giant rival getting even bigger.
Mr. Evans: Your analysis is right on target. Nortel won without opening its wallet this week.
