Lippis Report 128: Re-Thinking A Multi-Vendor Network Strategy in a Post Nortel World
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Nortel, announced on June 20th, that it will liquidate its assets and may get less then $2B, which is less then 1% of its pre-dotcom boom valuation. This is such a sad story as $2B will be divided among holders of approximately $4.5 billion in Nortel debt, and more than $2 billion owed in severance to ex-employees and pensions to retired managers, and other obligations, according to the Wall Street Journal. While the CDMA and LTE groups are being sold to Nokia Siemens for an estimated $650M, the enterprise unit which includes its IP Telephony, UC, Routing, Switching, et al., products is being valued at less than $500 million since it’s losing money, according to people familiar with the business. As Warren Buffet said, when the tide goes out you get to see who’s swimming naked, and Nortel was very naked.
Unique is the operator of Zurich Airport and offers a broad service portfolio to about 180 other companies, which also reside in the airport. Zurich Airport offers work for about 20,000 individuals and transports approximately 18 million passengers annually. Airport applications like air-traffic control and…
Zeus Kerravala of Yankee joins me to discuss the many changes occurring in the industry including Nortel’s liquidation and Cisco’s huge influence over the industry as it reshapes to respond to its UCS and data center 3.0 initiatives. We discuss HP’s new relationships with MSFT…
Along with a turbulent macro economic cycle comes business rationalization…
