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Nortel Networks Corp., with headquarters in Bramptom, Canada, is a recognized leader in delivering communications capabilities that enhance the human experience, ignite and power global commerce, and secure and protect the world’s most critical information.

During 2004, Nortel operations were organized and represented by four operating segments which were also our reportable segments: Wireless Networks, Enterprise Networks, Wireline Networks, and Optical Networks. Effective October 1, 2004, Nortel established a new streamlined organizational structure that is comprised of the following operating segments: (a) Carrier Packet Networks, which is substantially an amalgamation of our previous Wireline Networks and Optical Networks operating segments; (b) Code Division Multiple Access, or CDMA, Networks, which previously represented a portion of the Wireless Networks operating segment; (c) Global System for Mobile communications, or GSM, and Universal Mobile Telecommunications Systems, or UMTS, Networks which also previously represented a portion of the Wireless Networks operating segment; and (d) Enterprise Networks, which remains substantially unchanged from the previous Enterprise Networks operating segment.

Formerly: Northern Telecom Ltd.
 

DETAILS  
ETFs  
Sector Technology
Industry  
URLs http://www.nortelnetworks.com
Ticker (NASDAQ: )
SIC 3661 - Telephone & Telegraph Apparatus
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IPO  
   
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HISTORY TYPE Divestiture / Closures of Businesses
Feb 13, 2006   S
Oct 25, 2005 DA Sell facility in Brampton, Ontario to Rogers Communications Inc., for approximately $84. The sale includes approximately one million square feet, fixtures and certain personal property located at the facility and 63 acres of land.
     
 
HISTORY TYPE Acquisitions / Strategic Investment
Dec 27, 2005 DA Tasman Networks, an established networking company that provides a portfolio of secure, high-performance enterprise routers- U.S. $99.5 million in cash | Linked to: Bowman Capital; Dain Rauscher Wessels Venture Partners; InterWest Partners; Mayfield; New Enterprise Associates; Saints Venture; Sand Brothers & Co. Ltd. Venture Capital; Schoffstall Ventures; WorldCom Venture Fund
Jun 3, 2005   26,693,725 shares of PEC Solutions, Inc. (“PEC”) representing approximately 95.6 percent of the outstanding shares of common stock of PEC, through a cash tender offer at a price of $15.50 per share. PEC provides professional technology services that enable government entities to use the Internet to enhance productivity and improve services to the public.
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
   
 
TYPE  
DA2A (DA2M) Definite Agreement to Acquire (Merge)
DA Definite Agreement
TC Transaction Completed
TND Terms of the transaction were not disclosed
TO Tender offer

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