VoIP Shakeup Looms As Avaya Sold
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For years Awaya had the VoIP market to themselves. Now only days after Cisco via their 100% owned subsidary Linksys have rolled out a sub $1,500 VoIP solution, Avaya has been acquired in an $8.2 billion private equity purchase by Silver Lake, an investment firm focused on large-scale investments in technology-driven growth industries, and TPG Capital, a private investment partnership.