View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. Technology
  2. Data Centre
January 27, 2010

LG-Nortel, Accton to establish joint venture in North America

To offer voice and data offerings for SMB and enterprise market

By CBR Staff Writer

LG-Nortel, the joint venture formed by Nortel Networks and South Korean LG Electronics, and Accton Technology, a Taiwanese global telecommunications equipment company, have signed an agreement to form a joint venture that will offer voice and data offerings for North American small and medium businesses (SMBs) and large enterprises.

Under the agreement LG-Nortel will own a 60% share in the joint venture and Accton Group will own the remaining 40%. The new company will be tentatively named Edgecore Networks and will be established by mid February from headquarters in Irvine, California.

According to LG-Nortel, the joint venture will combine the SMB voice and data product expertise of LG-Nortel with Edgecore Networks’ marketing and sales capability, SMB channels, and logistics skills. Both companies will cooperate in every aspect of their businesses including R&D, manufacturing, marketing, new business development and brand use.

Leith Tessy, chief operating officer of LG-Nortel, said: The establishment of this joint venture will significantly enhance LG-Nortel’s presence in North America. Businesses have more complex communications challenges than ever, and the combination of our companies’ respective strengths will provide an unparalleled opportunity to help them meet those challenges.

Content from our partners
Why the tech sector must embrace faster, smarter talent recruitment
Sherif Tawfik: The Middle East and Africa are ready to lead on the climate
What to look for in a modern ERP system

Huang, chairman of Accton Group, said: The demands of North American customers are directly connected to the overall trend towards global communication. The brand value and voice platform technology that LG-Nortel provides, paired with Accton’s distribution and manufacturing capacity, and our local network reach, will make this joint venture a powerful combination that will deliver significant benefits for companies across North America.

Topics in this article :
Websites in our network
Select and enter your corporate email address Tech Monitor's research, insight and analysis examines the frontiers of digital transformation to help tech leaders navigate the future. Our Changelog newsletter delivers our best work to your inbox every week.
  • CIO
  • CTO
  • CISO
  • CSO
  • CFO
  • CDO
  • CEO
  • Architect Founder
  • MD
  • Director
  • Manager
  • Other
Visit our privacy policy for more information about our services, how New Statesman Media Group may use, process and share your personal data, including information on your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.