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Nortel Patent Sale Approved By Department of Justice

Nortel Patent Sale Approved By Department of Justice

By Shawn Hess March 12, 2012

Last summer, telecom giant Nortel saw its over 20 year old patent collection go up for auction. The collection of technology consists of internet, communication, and various other networking patents. All and all, there are over 4,000 patents. The collection …

Nortel COO Departs After Three Months

The number 2 executive at the telecom equipment supplier suddenly resigns after only 12 weeks on the job.

Nortel Loses President, COO, and CTO

Nortel Networks President and Chief Operating Officer, Gary Daichendt has stepped down from his job after only three months, due to a difference in business views with CEO Bill Owens.

Nortel President, COO, and CTO Leave Company

Gary Daichendt has stepped down as Nortel Networks’ President and Chief Operating Officer after only working for the company for three onths. His reason for leaving the company is a difference of business views with CEO Bill Owens.

Nortel Plugs Multimedia Into Outlook

The Supercomm announcement says Outlook users will be able to integrate voice and other media with the Outlook 2003 e-mail client.

Nortel Finally Reports Fourth-Quarter Results

Nortel Networks finally reported its fourth-quarter results including declines in earnings and revenue from the previous year.

Nortel To Buy Gov. IT Services Firm

Nortel Networks Inc. is buying government IT services firm PEC Solutions for $448 million.

Nortel Invests $10 Million in Sasken

Nortel has invested US$10 million in Sasken Communication Technologies Limited for an undisclosed stake in Sasken’s fully diluted equity, the companies announced today.

Nortel Makes Executive Changes

Nortel Networks has selected Gary Daichendt formerly of Cisco Systems as its new president and COO.

Rogers Teams with Nortel

Rogers Communications is launching an internet-based digital phone service in the summer using Nortel equipment.

Nortel Sues Former Execs for C$13 Million

Nortel has sued former CEO Frank Dunn former CFO Douglas Beatty and former controller Michael Gollogly in an effort to get back C$13 million.

Nortel Reports Profits for First Half of 2004

Nortel Networks whose accounting scandal led to the firing of its CEO, posted a profit in the first half of last year.

Nortel Gets New CFO

Nortel Networks appointed senior executive Peter Currie as CFO effective February 14, 2005.

LG Electronics and Nortel Announce Joint Venture

LG Electronics and Nortel are establishing a joint venture to provide telecommunications equipment and networking solutions to Korea and other markets globally.

Ciena Files Complaint Against Nortel

Ciena filed a complaint charging Nortel Networks with infringing on six patents related to Ciena’s communications networking systems and technology.

Nortel Pays for Deadline Blunders

After three deadline blunders, Nortel finally completed a restatement of 2001 to 2003 results.