Nortel Networks (under its earliest title of Bell Telephone Company) commenced during the late 1800s creating telephone and switchboard devices in Canada only. As interest towards the telephone grew considerably, so did output and the business’s reputation.
With the turn of the 20th century, Bell Telephone Company had now become Northern Electric Company and had built a considerably larger manufacturing facility both for telephony goods and wire and cable. The corporation later played out a significant role in WW1 supplying and pioneering its “peanut” vacuum tube know-how, exceptionally cheaply thanks to its good design. It was at this point the firm expanded to produce whole host of electronic products which include washers, toasters and kettles.
Once again the 50′s, 60′s and 1970′s saw a change in brand name, ownership and direction. Nevertheless out of this surfaced Northern Telecom (or Nortel as we now know it) who targeted more boldy on fibre optic potential uses, together with the first digital switching devices.
The “Digital World”, used as an effective brave affirmation by Nortel genuinely showcased their objective to dominate in this thrilling and quickly changing time. This statement encapsulated Nortel’s aspirations as a marketplace frontrunner for the now overseas market of private and public network systems.
Nortel flourished in the course of the dot.com boom of the 1990′s obtaining and soaking up lesser technology corporations who would enhance Nortel’s brand. Nortel itself prospered utilizing its optical networking selection particularly flying the flag. In actual fact, at its peak Nortel Networks accounted independently for a third of the valuation on business for the Toronto stock market.
Unfortunately, with every up follows a down. Nortel Networks have suffered a turbulent period over the last decade, as a result of fiscal mis-management and were then widely branded as one of the most dramatic dot.com casualties, subsequently filing for bankruptcy protection in 2009. Over the past year or so they subsequently sold a great deal of their developed business markets to the likes of Avaya, Ericsson , Ciena Corporation and Radware, to mention just a few. Regrettably enough, its demise was finally sealed when its last major assets (being its believed 6,000 patents), were then finally made available to a consortium including Apple, EMC, Ericsson, Microsoft, Research In Motion, and Sony.
Regardless of the various disturbance, politics, and economic problems the overall quality of the goods made were rarely questionable. So in terms of high quality, Nortel, its offshoots along with its re-branded products continue being sought after and respected brands in the marketplace, and demand from customers remains to be high for Nortel IT hardware.