Add-on Acquisition • Communications

Nortel Networks Acquires MICOM Communications

On May 14, 1996, Nortel Networks acquired communications company MICOM Communications

Acquisition Context

This is Nortel Networks’ 1st transaction in the Communications sector.
This is Nortel Networks’ 1st transaction in the United States.
This is Nortel Networks’ 1st transaction in California.

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M&A Deal Summary
Date	May 14, 1996
Target	MICOM Communications
Sector	Communications
Buyer(s)	Nortel Networks
Deal Type	Add-on Acquisition

Target Company

MICOM Communications

Simi Valley, California, United States

MICOM Communications Corp. was engaged in the design, manufacture, marketing, and servicing of wide area networking products that provided remote connectivity solutions for small and medium-size network users, and divisions of larger corporations.

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Buyer Overview 1

Buyer

Nortel Networks

Mississauga, Ontario, Canada

Category	Company
Founded	1895
Sector	Technology Hardware

DESCRIPTION

Nortel Networks is a multinational telecommunications and data networking equipment manufacturer The Company was originally established in 1895 and is headquartered in Mississauga, Ontario.

Deal Context for Buyer	#
Overall	1 of 2
Sector: Communications	1 of 1
Type: Add-on Acquisition	1 of 2
State: California	1 of 1
Country: United States	1 of 2
Year: 1996	1 of 1

FOLLOWING DEAL

DATE	TARGET	DEAL TYPE	VALUE
1998-04-22	Aptis Communications Chelmsford, Massachusetts, United States Aptis Communications, Inc. is a provider of true carrier-class access switches to network service providers, including carriers and Internet service providers.	Buy	-

DATE

TARGET

DEAL TYPE

VALUE

1998-04-22

Aptis Communications

Chelmsford, Massachusetts, United States

Aptis Communications, Inc. is a provider of true carrier-class access switches to network service providers, including carriers and Internet service providers.

Buy

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