Friday before Memorial Day Weekend, Genband let out the news that its purchase of Nortel CVAS had finally been completed and that they'd be releasing more news this week on what that means for the company. Genband held an all-company meeting making a few executive announcements and hinting at their future plans.
Jeff Townley--who has worked at Nortel CVAS for 26 years as part of their global operations team--was named Genband's new president of operations. Townley seems to be the only major Nortel executive appointment announcment. Genband did announce a new Chief Financial Officer, but that candidate came from outside the companies. Daryl Raiford comes from Freescale Semiconductor to be the new CFO bringing his Fortune 500 experience to a company that just grew exponentially larger overnight.
Some interesting things to note: six years ago Genband had 80 employees, now with the Nortel CVAS buy it has 2,200 as well as 800 contractors! Take that army of workers and combine that with CEO Charlie Vogt's statement to Light Reading that the company plans to improve on their SBC offerings and go after Acme Packet. Guantlet thrown.
For more:
- read this article
- and this one from Connected Planet
- also read about day one here at Light Reading
Related articles:
Genband and Nortel CVAS complete deal
GENBAND's Nortel CVAS purchase: Good or bad for business?
Nortel CVAS gets top marks again in VoIP market
Bankruptcy courts approve Nortel CVAS sale to GENBAND
GENBAND bids on Nortel's CVAS
- Share
-
-
-
-
-
-
Send to a friend
-
more...
- | Post a Comment
