Tag archive: Avaya

Although it doesn't come as much of a surprise, telecommunications service developer Avaya has files to offer a $1 billion initial public offering, saying it primarily wants to use the money raised by the stock offering to pay down “certain long-term indebtedness.” The company has not announced when the common stock would be offered to the public, or announce a target share price. Some of that debt like stems from the… Read More

Telecommunications equipment maker Avaya is planning an initial public offering to raise approximated $1 billion, according to the Wall Street Journal (subscription required). The company has been aggressively pursuing its telecommunications and unified digital communications platforms that handle everything from instant messaging to voice mail, video conferencing, and email for medium-to-large size enterprises. However, the global economic… Read More

Klausner Technologies has settled another round of visual voicemail patent disputes, announcing that it has reached settlements with Yahoo, Panasonic, Avaya, and Qwest Communications (now owned by CenturyLink) over the companies' use of visual voicemail technologies. Klausner's settlement with Yahoo makes Yahoo the 33rd company to license Klausner's visual voicemail patents; others include Apple, Sprint, Google, T-Mobile,… Read More