Avaya sad story is so old now, its like an old cow waiting to die, unfortunately some vultures still trying to make the last drop
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Looks like avaya is out of bankruptcy. Now let’s wait when it gets sold of into pieces. I doub they can create solution that customers will buy. 8x8 3CX and few others got it co ered
Yeah, I can see where Microsoft Teams needs to buy market share. Kool-Aid still flowing.
What is the CEO telling existing employees.
If Avaya right sized, came clean about inflated projections and paid down the loan payments, absolutely MSFT should have and likely would have bought them.
But they didn't. They went too far with the extensive lies, and Shefali Shah nor the Board do their jobs to double check and draw the line with false reporting. So. They got blackmailed by Apollo, who forced them in Chapter 11 so they could kick out the shareholders and steal ownership. And MSFT has zero need to engage with the baggage that is Avaya anymore.
Microsoft should buy avaya. Is entering the UC market. Few billions are pocket change
Which "yesterday" are you referring to?
Chapter 22 was because they were falsely inflating base of business through extensive marketing hyerbole
- (and silly characters who were so blinded by their own self promotion they never paused to consider that they never data-fact-checked the very soundbytes they were propagating DAILY)--
And rather than come clean, they doubled down. Then they were trapped by corrupt board member who was an agent for Apollo.
So they either went public with the years long lie, which may have begun as simple ego spin-doctoring of marketing claims (unverified 90m seats) but ultimately resulted in false revenue projections and SEC crimes.
In comes Chapter 11 for 2nd time as Avaya/3rd time with Nortel. HIDE behind restructuring protection and hope Apollo Attorneys buy off the SEC to evade charges
What happened yesterday ?
Avaya is past a turn around. The smart thing is to auction off all assets and patents. History will show this Chapter 22 effort was about pride and not good business sense.