Global Strategic Alliance of Celestica and Avaya

Celestica Inc. announced on February 20, 2001 that it had entered into a global strategic alliance with Avaya Inc. of Basking Ridge, New Jersey. As part of the arrangement, Celestica agreed to acquire Avaya’s manufacturing, repair and supply chain operations in Denver, Colorado and Little Rock, Arkansas. Celestica and Avaya have also agreed on the terms of a five-year global supply agreement worth approximately US$4 billion in total expected revenue.

The mergers and acquisition team at Davies Ward Phillips & Vineberg LLP acted for Celestica, and was comprised of I. Berl Nadler, Sarbjit S. Basra and Tarne P. Whiteley (corporate), Richard Corley (information technology) and Gray Taylor (environmental). Assistance on US legal issues was provided by Holme Roberts & Owen LLP in Denver, the Rose Law Firm in Little Rock and Kaye, Scholer, Fierman, Hays & Handler, LLP in New York. Avaya was advised by a team of in-house counsel led by Justin Choi, with external assistance provided by Sidley & Austin’s New York office and the New Jersey law firm of Drinker Biddle & Shanley LLP.