Avaya Holdings Corp., a global leader in solutions to enhance and simplify communications and collaboration, provided an update regarding its review of strategic alternatives announced earlier this year. Avaya had previously disclosed its expectation that this process would be concluded by mid-September.
Avaya confirmed today that its review of a range of strategic alternatives is ongoing and it remains in advanced discussions. Avaya’s board of directors and management, supported by its legal and financial advisors, are working expeditiously to conclude the deliberate and comprehensive review. There can be no assurances regarding the timing of any action or transaction nor that the strategic review process will result in any particular outcome. The Company does not intend to provide additional updates unless or until it determines that further disclosure is necessary.
Businesses are built on the experiences they provide, and every day millions of those experiences are built by Avaya (NYSE: AVYA). For over one hundred years, we’ve enabled organizations around the globe to win – by creating intelligent communications experiences for customers and employees. Avaya builds open, converged and innovative solutions to enhance and simplify communications and collaboration – in the cloud, on-premise or a hybrid of both. To grow your business, we’re committed to innovation, partnership, and a relentless focus on what’s next. We’re the technology company you trust to help you deliver Experiences that Matter