NORTEL NETWORKS
Nortel Networks has hung up on the telecom sector. Once one of the largest makers of telecommunications equipment in North America, it filed for bankruptcy protection in 2009 and is in the process of liquidating its assets. The company made core network switching, wireless, and optical systems for network operators. Its wireline and enterprise network equipment included systems for digital voice and data switching, routing, and call center communications. Wireless products included cellular base... stations and controllers. The company also made such long-haul fiber-optic products as multiplexers. Nortel is currently focused on selling off its remaining businesses and intellectual property and winding down all operations. Today, Nortel's Metro Ethernet Networks segment provides carrier Ethernet switching, optical networking, and multi-service switching products.
NORTEL NETWORKS
Industry:
Software Telecommunications VoIP
Founded:
1914-01-01
Address:
Toronto, Ontario, Canada
Country:
Canada
Website Url:
http://www.nortel.com
Total Employee:
501+
Status:
Closed
Contact:
(905) 863-6840
Technology used in webpage:
Apple Whitelist
Current Advisors List
Board_member
Current Employees Featured
Paviter Singh Binning CFO @ Nortel Networks
CFO
Wen Tong Global Head of the Network Technology Labs @ Nortel Networks
Global Head of the Network Technology Labs
Douglas Purdy Software Engineer @ Nortel Networks
Software Engineer
Hannah Wei Co-op Student @ Nortel Networks
Co-op Student
Ritesh Patel Team Member @ Nortel Networks
Team Member
Founder
Stock Details
Acquisitions List
| Date | Company | Article | Price |
|---|---|---|---|
| 2008-08-19 | DiamondWare | DiamondWare acquired by Nortel Networks | N/A |
| 2008-08-13 | Pingtel | Pingtel acquired by Nortel Networks | N/A |
| 2005-12-27 | Tasman Networks | Tasman Networks acquired by Nortel Networks | N/A |
| 2002-01-02 | Clarify | Clarify acquired by Nortel Networks | 2.1 B USD |
| 2000-06-02 | Xros | Xros acquired by Nortel Networks | 3.25 B USD |
| 2000-01-28 | Qtera Corporation | Qtera Corporation acquired by Nortel Networks | 3.25 B USD |
| 1998-03-18 | Aptis Communications | Aptis Communications acquired by Nortel Networks | 305 M USD |
Investments List
| Date | Company | Article | Money raised |
|---|---|---|---|
| 2007-02-08 | Tango Networks | Nortel Networks investment in Series A - Tango Networks | 25 M USD |
| 2006-08-28 | Trapeze Networks | Nortel Networks investment in Series D - Trapeze Networks | 30 M USD |
| 2006-03-14 | BLADE Network Technologies | Nortel Networks investment in Series A - BLADE Network Technologies | 43.3 M USD |
| 2005-04-06 | Trapeze Networks | Nortel Networks investment in Series C - Trapeze Networks | 17.5 M USD |
| 2001-07-31 | Broadjump | Nortel Networks investment in Series C - Broadjump | 22 M USD |
| 2001-05-01 | Corechange Inc | Nortel Networks investment in Series C - Corechange Inc | 25 M USD |
| 2001-02-13 | CentrePath | Nortel Networks investment in Series C - CentrePath | 120 M USD |
| 2001-01-04 | Network Elements | Nortel Networks investment in Series B - Network Elements | 77 M USD |
| 2000-12-22 | Cybergnostic | Nortel Networks investment in Series B - Cybergnostic | 2.7 M USD |
| 2000-06-12 | CoreExpress | Nortel Networks investment in Venture Round - CoreExpress | 573 M USD |
More informations about "Nortel Networks"
Nortel - The Canadian Encyclopedia
Jan 5, 2018 · Nortel Networks Corporation, or simply Nortel, was a public telecommunications and data networking equipment manufacturer. Founded in 1895 as the Northern Electric and Manufacturing Company, it was one of …See details»
Nortel Retirees and former employees Protection Canada
NRPC is a non-profit member-supported organization for Canadian former employees of Nortel. It was formed after announcements in the media that Nortel Networks, a large multinational telecommunications company, had entered bankruptcy proceedings in several countries. See details»
Bagnall: Nortel's bankruptcy 10 years on — what was lost
Jan 14, 2019 · On Jan. 13, 2009, nearly a dozen board members of Nortel Networks gathered in a small office building near Toronto’s international airport. They had already deliberated for days about the wisdom...See details»
An Overview of the Demise of Nortel Networks and Key Lessons …
Nortel partners/suppliers and Nortel officers for a final validation step. The conclusions drawn from the data collected and interviews conducted for this study can be implemented by a broad …See details»
Nortel's legacy still debated, 5 years after demise | CBC …
Jan 14, 2014 · Five years after former Canadian tech giant Nortel Networks filed for bankruptcy protection, former executives and academics are still trying to piece together what went wrong.See details»
Key dates in Nortel Networks' history | CBC News
Jan 14, 2009 · Nortel once employed more than 90,000 workers worldwide and was worth nearly $300 billion, making it one of Canada's most valuable companies until the dot-com crash of …See details»
Northern Electric—Nortel Networks Collection - York University
The collection is dedicated to the corporate history of Northern Electric and Manufacturing, Northern Electric, Northern Telecom, Bell-Northern Research, and Nortel Networks. …See details»
Timeline of Nortel - Wikipedia
Timeline of major events for Nortel. 1888: The mechanical department has 50 employees. [4] 1890: The mechanical department has 200 employees and a new factory is under …See details»
Nortel Networks - Crunchbase Company Profile & Funding
Nortel Networks Corporation was Canada's largest telecom company. View contacts for Nortel Networks to access new leads and connect with decision-makers. Nortel Networks has hung …See details»
Nortel Networks - LinkedIn
Nortel was a recognized leader in delivering communications capabilities that make the promise of Business Made Simple a reality. Nortel developed next-generation technologies, for both …See details»
The four faces of Nortel’s descent - Macleans.ca
Jan 24, 2009 · For the past five years, the company has made news for only three reasons: management turmoil (four CEOs in eight years); firing workers (approximately 65,000 jobs cut …See details»
Nortel failed amid 'culture of arrogance' - CBC.ca
Mar 21, 2014 · Canadian telecom giant Nortel collapsed because of losing the confidence of its clients amid a culture of “arrogance and hubris.” That's the conclusion of a research team at …See details»
Nortel collapse has lessons for other corporate failings - The …
Mar 26, 2014 · Canada’s largest telecommunications company, Nortel Networks, failed because of a culture of arrogance leading to poor financial discipline, a loss of key customers through …See details»
‘Nortel did not need to die’: Ten years since the collapse that …
Ten years ago today – Jan. 14, 2009 – the company that was once the darling of Ottawa’s technology sector filed for bankruptcy protection in both Ontario and the United States, one …See details»
What happened to Nortel? The rise and fall of a Canadian legend
Jun 30, 2023 · In 2008, three former top executives had been charged with fraud for misrepresenting Nortel’s financial results between 2000 and 2004. The company was finally …See details»
Nine years after Nortel failed, 1,000 addresses for claimants …
Jul 16, 2018 · Ernst & Young, the consultants in charge of Nortel’s nine-year long bankruptcy proceedings, began distributing cheques to approved creditors a year ago this month.See details»
Nortel’s Rise and Fall: A Cautionary Tale in the World of ... - Medium
Jan 24, 2024 · Its journey from being one of Canada’s largest companies before 2000 to becoming a symbol of catastrophic financial decline is a narrative steeped in lessons and …See details»
Exclusive: Did Huawei bring down Nortel? Corporate espionage, …
Feb 20, 2020 · With an office across the freeway from a Nortel facility in Texas, Huawei returned a fibre card — essentially a computer device — used in Nortel data switches and asked for a …See details»
Corporate Governance at Nortel – Revisiting Board Functions - SSRN
Apr 5, 2014 · This article surveys board oversight at Nortel Networks, the failed Canadian technology giant, to assess the adequacy of the prescription about monitoring in governance …See details»