Featured Articles

Nvidia GTX 980 reviewed

Nvidia GTX 980 reviewed

Nvidia has released two new graphics cards based on its latest Maxwell GPU architecture. The Geforce GTX 970 and Geforce GTX…

More...
Nvidia adjusts GTX 980 and GTX 970 pricing

Nvidia adjusts GTX 980 and GTX 970 pricing

It appears that Nvidia has been feeling the pulse of the market and took some note from comments regarding the original…

More...
iPhone 6 and 6 Plus reviews are up and they are good

iPhone 6 and 6 Plus reviews are up and they are good

Apple is dancing the same dance year after year. It releases the iPhone and two days before they start shipping it…

More...
Amazon announces three new tablets

Amazon announces three new tablets

Amazon has just released three new tablets starting with the $99 priced 6-inch Kindle Fire HD6. This is a 6-inch tablet…

More...
PowerColor TurboDuo R9 285 reviewed

PowerColor TurboDuo R9 285 reviewed

Today we will take a look at the PowerColor TurboDuo Radeon R9 285. The card is based on AMD’s new…

More...
Frontpage Slideshow | Copyright © 2006-2010 orks, a business unit of Nuevvo Webware Ltd.
Monday, 07 October 2013 09:03

Avaya nearly flogged to Oracle

Written by Nick Farrell

Telco gear maker nearly didn’t go public

Avaya private equity owners tried to flog the teleco gear maker to Oracle earlier this year, instead of taking it public.

According to Reuters Silver Lake and TPG Capital had talks with Oracle but the talks fizzled in the last few months. Avaya filed for an initial public offering in 2011 but never did it.

Now it seems that the private equity firms are trying to cashing out of their investment in Avaya, whose conferencing systems and network gear are facing a tough time against Cisco and ShoreTel.

Avaya hopes for an IPO in 2014, but buyout firms faced an uphill struggle to make the company appealing to stock market investors.

Nick Farrell

E-mail: This e-mail address is being protected from spambots. You need JavaScript enabled to view it
blog comments powered by Disqus

 

Facebook activity

Latest Commented Articles

Recent Comments