Hitachi is now the proud owner of Nortel Networks’ next-gen packet core network assets.
The $10 million deal, announced in October, includes certain wireless data-transfer software, some equipment and a non-exclusive license of some patents and other intellectual property. It does not include legacy packet core components for Nortel’s UMTS and GSM businesses.
Regulators and bankruptcy officials in the United States and Canada have approved the sale.
Meanwhile, Nortel also said on Tuesday it has hired John Ray as its principal officer of U.S. debtors. That’s a fancy way of saying Ray will oversee Nortel’s debtor obligations in the United States throughout the bankruptcy proceedings. His appointment still must get approval from judges in the United States, though.
.@TBImasteragent hosted its third #TBIGEvent today and we were there. Photos and a recap in our gallery. https://t.co/pIEpeQfym1
June 21 2018 @ 23:25:51 UTC
.@patrickoborn introduces the latest @telarus tool, and HTG 360 has two new hires. https://t.co/mAOdAFxlyL
June 21 2018 @ 22:52:43 UTC
.@StorageCraft announces integrations with @ConnectWise @Autotask. #AN18 #MSPs https://t.co/4ZOIUnfukG
June 21 2018 @ 21:10:20 UTC
RT @TBImasteragent: aEverything we are doing is about business process is no longer a convo with the IT Director - these convos allow TBI pa
June 21 2018 @ 18:10:01 UTC
RT @LornaGarey: Our own Brian Snortheim challenging @DigiRobot for industry fame at #TBIGEvent https://t.co/ynXi37LI3a
June 21 2018 @ 18:09:51 UTC
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