Avaya Answers Financial FUD

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http://www.thevarguy.com – Avaya invests less than 8 percent of its budget on research and development. The company barely has enough money to keep operating and it’s on the verge of bankruptcy. Its interest alone will sink the company. That’s the word on the street, and that’s what channel partners are hearing. But it’s just not true, said Avaya’s finance head. Matt Booher, vice president of Finance, took the stage at the Avaya Americas Partner Conference to address some of the fear, uncertainty and doubt about the company’s solvency that has been dogging its channel. The rumors, he said, are being planted (IT news)