Symantec Finally Sells Veritas Unit for $8 Billion

Symantec announced a definitive agreement to sell its information management business Veritas to an investor group led by The Carlyle Group together with GIC, Singapore’s sovereign wealth fund, and other expected co-investors for $8 billion in cash.

Moto to Spin Off Device Unit What Now?

After weeks of rumblings around the rumor mill, Motorola Inc. did what many think it should have a while ago: announced it is separating its devices business from its Broadband and Business Mobility division (in English, thats the infrastructure side of the house). Both will be standalone, publicly traded companies. Investors were huzzah-ing, with Motorolas […]

Reports: Avaya Prepared to Sell

Avaya Inc. wants to merge with a rival equipment maker or sell to a private equity firm, according to an article in Tuesdays Wall Street Journal. Nortel Networks is rumored to be the top potential buyer. The WSJ reported, however, that Nortel and Avaya have not been able to agree on terms; that makes a […]

RESELLER CHANNEL: UNE-P: Are the Bells Subsidizing Their Rivals?

Posted: 10/2002 UNE-P: Are the Bells Subsidizing Their Rivals? By Josh Long UBS WARBURG ANALYSTS CONTEND the Bells are being required to lease portions of their local network at a loss in 18 states stretching from Massachusetts to Washington. Other industry-watchers pooh-pooh the report’s methodology and claim there is no reason the Bells should be […]

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