‘Avaya is Back,’ CEO Declares – A Look at its Rise from Bankruptcy
A few short months ago, Avaya Holdings entered bankruptcy protection as it attempted to restructure its business and its debt. At the time, it wasn’t clear what the future held for the beleaguered vendor.
As it turns out, the restructuring was successful and now Avaya is looking to re-engage with its customers, with renewed focus and product direction for its enterprise communications and contact center offerings. Avaya technically exited from bankruptcy on May 1, reducing its debt load and emerging with a capital structure that gives the company approximately $650 million in liquidity...
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About Avaya
Avaya is an enterprise software leader that helps the world’s largest organizations and government agencies forge unbreakable connections.
Learn more at https://www.avaya.com.