PHYSorg.com: PHYSorg news tagged with: nortel http://www.physorg.com/ en-us Physorg.com internet news portal provides the latest news on science including: Physics, Nanotechnology, Life Sciences, Space Science, Earth Science, Environment, Health and Medicine. Ciena wins court approval for Nortel unit bid (AP) -- Ciena Corp. won court approval Thursday to start bidding on Nortel Network Corp.'s optical and Ethernet division with an offer valued at more than $532 million. http://www.physorg.com/news174890654.html Technology Fri, 16 Oct 2009 05:44:48 EST news174890654 US, Canadian judges approve Nortel bankruptcy sale (AP) -- Nortel Networks Inc. won approval Wednesday from judges in Delaware and Ontario for the $900 million sale of a Nortel unit that makes communications systems for businesses. http://www.physorg.com/news172344226.html Technology Wed, 16 Sep 2009 18:40:12 EST news172344226 CEO of Nortel steps down as company liquidates (AP) -- Nortel Networks CEO Mike Zafirovski is stepping down from the troubled telecommunications company, saying "a natural transition point" has been reached as the company continues to liquidate. http://www.physorg.com/news169118899.html Technology Mon, 10 Aug 2009 10:28:45 EST news169118899 Courts OK $1.13B sale of Nortel assets to Ericsson (AP) -- U.S. and Canadian courts have approved Swedish wireless company LM Ericsson's $1.13 billion bid to buy next-generation wireless technology and other assets from insolvent telecom equipment maker Nortel Networks Corp. http://www.physorg.com/news168024312.html Technology Tue, 28 Jul 2009 19:10:03 EST news168024312 Nortel strikes deal to sell business unit to Avaya Canadian telecom equipment maker Nortel said Monday it reached a deal to sell its enterprise solutions business to US-based Avaya for 475 million dollars pending approval of a bankruptcy court. http://www.physorg.com/news167321368.html Technology Mon, 20 Jul 2009 15:30:09 EST news167321368 London 2012 replaces sponsor Nortel with Cisco (AP) -- London Olympic officials on Friday replaced bankrupt Canadian technology sponsor Nortel Networks with Cisco for the 2012 Games, a move that will cost organizers $19.4 million in revenue. http://www.physorg.com/news166449490.html Technology Fri, 10 Jul 2009 12:59:05 EST news166449490 Nortel to sell itself off in pieces (AP) -- Nortel Networks, once a technology giant, has decided to sell itself off in pieces rather than attempt to emerge from bankruptcy as a restructured company. http://www.physorg.com/news164735322.html Technology Sat, 20 Jun 2009 16:49:39 EST news164735322