Avaya relisting on January 17

avaya logoAvaya is set to list on the New York Stock Exchange again on 17 January after closing the book on its Chapter 11 nightmare.

Once listed, the company will be back having put its period of uncertainty behind it. Avaya had to restructure its business and also offload its networking business.

Avaya entered Chapter 11 bankruptcy protection in January last year owing millions to its channel partners.

The vendor has since undergone a year of restructuring, including the sale of its network unit to Extreme Networks, which completed in June.

Last month UK boss MacRae complained that Avaya’s competitors exaggerated the company’s plight to draw customers away from the outfit.

The company has been visiting channel partners as part of its Avaya Edge World Tour to discuss the future.

During the tour, company executives explored how Avaya and its industry partners can design enhanced customer experience solutions that go beyond the digital experience, namely through the application of artificial intelligence, analytics, blockchain and the Internet of Things. The event also showcased multiple demos of Avaya’s existing solutions catering to the needs of various sectors like BFSI, Contact centre, hospitality and more to showcase how customer experience is changing across these segments, Avaya’s solutions and products being at the forefront of this transformation, it reckons.