Tag: Avaya

Avaya Inc. /əˈvaɪ.ə/ is a privately held global provider of business communications and collaboration systems. The international headquarters is in Basking Ridge, New Jersey, United States. The company provides contact centers, networking (routers, switches and other networking hardware), unified communications, and video products (integrated hardware and software) solutions and services.
In July and August 2000 interviews reported that Avaya Communications would be created on October 1, 2000 when the unified communications and call center businesses left Lucent Technologies Inc. or Lucent enterprises. The spun off of Avaya with 34,000 employees also received $400 million in capital from Warburg Pincus.
Henry Schacht became the board chairman and the first CEO was Don Peterson who was promoted from the CFO position of Lucent. Avaya had a stock symbol of “AV” and debuted at $20 a share.
Since 2001, the company has sold, and acquired several companies to support its current product set …