Home >> Shasta

Shasta



Articles Tagged - Shasta

 1
Ericsson buying Nortel switch unit
Monday, September 27, 2010
Ericsson buying Nortel switch unit
LM Ericsson has agreed to acquire Nortel Networks Corp.’s multi service switch unit, which includes the Shasta product line and employs 63 in Canada. Patrick Di Pietro, a former Nortel vice-president, is CEO of a company that had tried earlier to buy the switching assets
Nortel to sell Shasta switch line
Friday, August 27, 2010
Nortel to sell Shasta switch line
Nortel Networks Corp. paid $340 million when it bought Shasta Networks Inc. in 1999. Now it has negotiated a stalking horse agreement to sell the Shasta, data packet network and multi service switches for US$39 million.
 1