Brocade taps industry veteran Carney as CEO
Brocade has named former Xsigo Systems CEO Lloyd Carney as its new top executive effective immediately.
Brocade has named former Xsigo Systems CEO Lloyd Carney as its new top executive effective immediately.
Microsoft has agreed to pay US$7.5 million to purchase a block of 666,624 IPv4 addresses from bankrupt Canadian telecomms equipment maker Nortel Networks in a move that some see as a signal of the increasing value of IPv4 addresses.
Ciena has agreed to acquire Nortel's Metro Ethernet Networks business for approximately US$521 million in cash and stock.
The biggest issue facing Nortel enterprise customers on the heels of Avaya's US$900 million purchase of that business is product overlap, consolidation and subsequent support, analysts say.
Avaya has emerged as the winning bidder for Nortel’s enterprise business, reportedly beating out Siemens Enterprise Communications over the weekend.