Even though it filed Chapter 11 and is reportedly looking to sell off huge chunks of its business, Nortel is not giving up the enterprise fight.
The company this week will unveil its next generation large enterprise core/data center aggregation switch. The Virtual Service Platform 9000 is Nortel’s entry into the increasingly crowded core data center switch field, which has seen numerous announcements of late from Nortel’s competitors: Force10, Extreme, Juniper and even 3Com, which is re-entering the battle to provide a lower cost alternative [...]
Nortel this week said is winding down its investment in Carrier Ethernet switch/routers (CESR) in favor of packet optical transport platforms.
Nortel said the decision will let the company focus investment on an area where it is realizing momentum and stability. Nortel filed for Chapter 11 bankruptcy protection from creditors as it attempts to restructure the company operationally and financially, and last week it fired 3,200 more people.
Affected product lines include the Metro Ethernet Routing Switch 8600, Metro Ethernet Services Unit 1800 and the [...]
Nortel wants to sell off its application-delivery gear to Radware, but to keep on selling it under an OEM agreement.
While Nortel says it would like to proceed with the deal, it has also filed papers in U.S. and Canadian bankruptcy courts that would allow others to bid on the layer 4 to 7 technology assets and make higher, better offers, the company says.
Radware would not say how much it bid.
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