Totally Rad: Nortel Sells Assets to Radware

Bankrupt Nortel Networks Corp. (NT) is selling part of its application delivery business to equipment maker Radware Ltd. (RDWR).

Financial terms remained under wraps but Nortel does plan to continue selling the division’s products under an OEM agreement. Radware won the deal though a court-sanctioned auction.

Nortel, in the midst of bankruptcy reorganization, is restructuring operations so it can emerge a more efficient company.

Tags: ,

Leave a comment

Your email address will not be published. Required fields are marked *


Is your business ready for the EU's GDPR to go into effect on May 25?

View Results

Loading ... Loading ...
The ID is: 77932