In the year of high-profile Initial Public Offerings Avaya has grabbed attention by recently filing for a $1 billion IPO. Avaya is currently backed by private equity firms Silver Lake Partners and TPG Inc., companies who purchased the company in 2007 for $8.3 billion after its spin off from Lucent Technologies.
The IPO is using some famous names for its underwriters, including the likes of Goldman Sachs, Citigroup, JP Morgan Chase, Credit Suisse, and Barclays--none of whom have released a comment on the IPO.
The IPO comes amid a burst of IPOs, similar to the DOT-com wave bubble burst. With Avaya, Zynga, Groupon, and Facebook set to IPO in the next year, the focus of many analysts is on tech companies looking to go public. Especial scrutiny is being paid to current tech IPOs with the biggest IPO of the year, Facebook rumored to be using Goldman Sachs to create a special vehicle for their IPO—avoiding the public scrutiny caused to young entrepreneurs by public IPOs. If this sounds familiar Goldman Sachs also created a special vehicle for their most famed client—Enron.
The Avaya IPO could help set the value for the telecommunications equipment manufacturer above $5 billion, according to a story that declined to cite its sources. Avaya spokespeople have declined to comment on how the IPO could help set a worth for their company.
It was a painstaking process, but to help B2B companies start 2017 off on the right foot, we recently compiled a comparative list of the top 43 small to midsize business phone vendors. more
A good VoIP provider will offer additional benefits as well, but many first-time buyers find assessing each option to be difficult. Nevertheless, this is an important step in the buying process because a substandard provider can easily waste both your time and money. more
It was a painstaking process, but to help B2B companies start 2017 off on the right foot, we recently compiled a comparative list of the top 34 business phone vendors in the world. In one, easy-to-reference location, we’ve neatly outlined the information you need. more
Many businesses rely on a collection of communication tools that they adopt to address specific needs as they arise. This strategy may seem to work in the beginning, but eventually will lead to a system that is cumbersome to use, difficult to explain to new hires, expensive, and effective in some areas, but full of gaps. more
Q: When I call a customer, they see my VoIP phone number in their caller I.D....
Q: I'm a small business owner, and I need low-cost internet telephon...
5 Standard Features every business phone should have
This article provides a detailed checklist of business phone system features for...