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Avaya exits the Triangle, less than three years after arriving in NC
Raleigh News and Observer via Yahoo News· 1 year agoAt the start of 2023, the telecommunications firm Avaya was in a much different place than it is...
Durham-based tech company lays off workers, cuts costs after missed revenue targets
Raleigh News and Observer via AOL· 2 years agoAvaya, the Durham-based telecommunications firm, laid off an unspecified number of employees Tuesday...
Avaya reorganization plan confirmed as RSA results in speedy bankruptcy
Pitchbook via Yahoo Finance· 1 year agoAvaya Holdings Corp. announced today that, roughly five weeks after filing for bankruptcy protection in the Southern District of Texas, the court has confirmed its reorganization plan. The company ...
Avaya, after deal to cut debt by $2.6B, files Ch. 11 bankruptcy
Pitchbook via Yahoo Finance· 1 year agoAvaya Holdings Corp. entered into a restructuring support agreement (RSA) with more than 90% of the company’s secured lenders that will reduce the company’s total debt by more than 75%, from ...
RingCentral (RNG) Launches AI-Powered Video Capabilities
Zacks via Yahoo Finance· 2 years agoRingCentral RNG recently announced the availability of AI-powered video capabilities along with...
Why Avaya Holdings Plummeted by Nearly 15% Today
Motley Fool· 2 years agoRapidly mounting debt and an analyst's price target downgrade were the two punches knocking Avaya Holdings (NYSE: AVYA) stock to the floor on Tuesday. Already heavily burdened by indebtedness ...
Avaya nears chapter 11 bankruptcy filing - WSJ
Reuters via Yahoo Finance· 2 years agoIT firm Avaya Holdings Corp is reaching a chapter 11 bankruptcy filing to restructure its balance sheet, in a bid to turn around its business and move past accounting problems, the Wall Street ...
Avaya files for Chapter 11 bankruptcy
Reuters via Yahoo Finance· 1 year agoAvaya said upon completion of the restructuring process it will reduce its total debt by more than 75%, from nearly $3.4 billion to about $800 million. The new capital is "expected to provide ...
The Google Wallet push continues as 30 new banks are added in the US
Android Central via Yahoo News· 3 months agoGoogle Wallet new features. What you need to know Google added support for 30 U.S. banks to the...
Open Source: Crowd investing heats up
Raleigh News and Observer via AOL· 1 year agoFor most of the past century, the federal government barred all but higher-end earners from investing in private companies, including startups, fearing...
