Unified communications vendor Avaya has seen a dip in revenue during the second quarter of fiscal 2019, with the company saying it earned US$709 million, a fall of 3.9% from the first quarter, and adding that it was exploring a buyout.
Microsoft is paying US$196 per share to acquire "professional" social networking site, LinkedIn, with the transaction expected to close by the end of this year.
The telco networking giants will merge to create ‘an innovative leader in next-gen technology and services for an IP connected world’, closing by 1H 2016.
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