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Avaya's Ali on digesting Nortel

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Avaya's Ali on digesting Nortel

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thedealvideo

2 Views • Nov 20, 2009

Description

Avaya Inc.'s Mohamad Ali had little time to settle in after becoming senior vice president for corporate development in July. Four days after the former IBM Corp. (NYSE:IBM) dealmaker started, Avaya made a $475 million stalking-horse bid for a unit of bankrupt Nortel Networks Corp. The enterprise communications provider was the victor in a heated auction with a bid nearly double its original price. Even as a complex integration is underway, Ali continues to scan the landscape Avaya's next target. - Suzanne Stevens