Ciena closes Nortel optical sale

Ciena Corp. has completed its acquisition of Nortel Networks Corp.’s metropolitan Ethernet and optical networking unit, hiring 1,400 former Nortel workers in Canada.Linthicum, Md.-based Ciena agreed last fall to buy the Nortel units

Published on: March 22nd, 2010 Greg Meckbach

Nortel will try to sell patents: Analyst

 Nortel Networks Corp. has said Thursday it has raised $2 billion from selling business units to other vendors and is still figuring out what do to with its numerous patents.Realize the Future with

Published on: February 11th, 2010 Greg Meckbach

How dead is Nortel?

Analysts are mixed on whether Toronto-based Nortel Networks Corp. will survive in some form or die off, becoming a distant memory of a bygone era and century. Nortel has sold off the majority

Published on: January 21st, 2010 Jim Duffy

Nortel bankruptcy: One year later

One year ago, Nortel Networks Corp. filed for bankruptcy protection in Canada, the U.S. and other countries in which it operates.Toronto-based Nortel, founded in 1895 as the manufacturing unit of what is now Bell

Published on: January 13th, 2010 Greg Meckbach