Saturday, September 29, 2007

Private Equity Eats Avaya for $8.2 Billion and 3Com for $2.2B. Burp.

Money injection is happening in the data and telecom manufacture industry. This is happening because the industry is realizing that the two giants, Cisco and Microsoft, will dominate the exploding Unified Communications arena.
Read the news bellow:

From the original post at TechCrunch: "Two big private equity deals today. Shareholders finally approved the $8.2 billion buyout of Avaya by Silver Lake Partners and the Texas Pacific Group (not bad for an IP phone company that once was part of Lucent). And 3Com, the money-losing maker of computer networking equipment and competitor of Cisco Systems, has agreed to be acquired as well."

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