Saturday, December 4, 2021

Nortel makes a US$540-million acquisition

Nortel Networks Corporation announced Tuesday a definitive agreement to acquire Sonoma Systems, a producer of ATM (asynchronous transfer mode) communications, for US$540 million in stock.

Would you recommend this article?

Share

Thanks for taking the time to let us know what you think of this article!
We'd love to hear your opinion about this or any other story you read in our publication. Click this link to send me a note →

Jim Love, Chief Content Officer, IT World Canada

Related Tech News