Is Avaya on the road to financial recovery? What will happen to business partners and customers if it is not? The company last month filed for Chapter 11 protection for itself and some of its United States subsidiaries — a move that makes it “the first major established technology company that’s dying as a direct result of the cloud,” according to Ian Campbell, CEO of Nucleus Research. However, the move actually is a strategic and tactical restructuring that’s meant to retire a heavy debt burden, according to John Sullivan, Avaya’s treasurer.
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