Genband and Nortel CVAS complete deal

Happy Memorial Day weekend to Genband and Nortel CVAS! Finally they can take a rest after working on the asset purchase deal and have a happy family BBQ together. The two companies completed the deal on Friday.

With the deal finally on the books, Genband/Nortel CVAS was able to announce some key endorsements from AT&T and Verizon. The merged company also announce that Nortel CVAS' head quarters in Richardson, TX would be combining with Genband's in Plano, TX. Genband is planning some bigger announcments this week including revealing the combined executive team.

For more:
- read the Connected Planet article

Related articles:
GENBAND bids on Nortel's CVAS
Bankruptcy courts bless Nortel's CVAS sale to GENBAND
Nortel CVAS leads the VoIP pack