SOURCE: Avaya Inc.

Avaya Inc.

December 04, 2009 16:00 ET

Avaya's Proposed Acquisition of Nortel Enterprise Solutions Receives Investment Canada Act Approval

BASKING RIDGE, NJ--(Marketwire - December 4, 2009) - Avaya today announced that the Canadian Minister of Industry has approved the company's acquisition of Nortel Enterprise Solutions under the Investment Canada Act.

"Avaya is pleased with today's approval and appreciates the rigor of the Investment Canada Act review process and the diligent efforts made by officials at Industry Canada, the Federal Government and the Ontario Provincial Government," said Kevin J. Kennedy, president and CEO, Avaya. "With this important milestone now behind us, we look forward to finalizing a transaction that we believe will create inherent benefit and value in Canada and worldwide."

The company has now passed regulatory reviews in the United States, Canada and the European Union, and expects to close the transaction this month.

About Avaya

Avaya is a global leader in enterprise communications systems. The company provides unified communications, contact centers, and related services directly and through its channel partners to leading businesses and organizations around the world. Enterprises of all sizes depend on Avaya for state-of-the-art communications that improve efficiency, collaboration, customer service and competitiveness. For more information please visit

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