Avaya announced an agreement to acquire Expanets, one the nation's largest provider of converged communications for mid-sized businesses, for $152 million in cash, less certain working capital adjustments and liabilities. Expanets, which is a subsidiary of Northwestern Corporation, is one of the largest resellers of Avaya's products in the U.S. Expanets delivers local service and solutions through its team of more than 3,000 associates based in more than 100 offices throughout the country.
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Wednesday, October 29, 2003
Avaya to Purchase One of its Largest Resellers
Wednesday, October 29, 2003
Financial