Search
Menu
PI Physik Instrumente - Fast Steering Mirrors LW 16-30 MR

Celestica Forges Strategic Alliance with Avaya

Facebook X LinkedIn Email
TORONTO, Feb. 22 -- Celestica Inc. has entered into a global strategic alliance with Avaya, as Avaya's primary electronics manufacturing services (EMS) provider. Avaya supplies enterprise communications systems. As part of this arrangement, Celestica has signed a definitive agreement to acquire Avaya's manufacturing, repair and supply chain operations in Denver, Colo., and Little Rock, Ark., and certain other operating assets.
   The deal will include a five-year global supply agreement worth approximately $4 billion in total expected revenue. The aggregate purchase price is about $200 million. About 1400 Avaya employees are expected to join Celestica as part of this transaction. Further terms were not disclosed. The deal is expected to close in a phased approach throughout the second and third quarters and is subject to normal closing conditions, including regulatory approvals and union ratification.
Videology Industrial-Grade Cameras - NEW 2MP Camera 2024 MR

Published: February 2001
CommunicationsindustrialNews & Features

We use cookies to improve user experience and analyze our website traffic as stated in our Privacy Policy. By using this website, you agree to the use of cookies unless you have disabled them.