Aastra Technologies Limited, formerly headquartered in Concord, Ontario, Canada, made products and systems for accessing communication networks, including the Internet. Its products included residential and business telephone terminals, screen telephones, Enterprise private branch exchanges (PBX), network access terminals and high-quality digital video encoders, decoders and gateways. Residential telephone equipment was sold in the United States as Bell equipment by Sonecor brand, which represented Southern New England Telecommunications.
Mitel Networks Corporation announced on November 11, 2013, that it would acquire Aastra Technologies Ltd. in a stock and cash deal valued at about $400 million.[2]
History
In 1983, Francis Shen and Hugh Scholaert bought an engineering consulting company, founding Aastra in Toronto in 1983. The company provided services to the defense industry. In 1993, the company started to specialise in telecommunications.[3] Aastra went public in Canada in 1996.
In 2000, Aastra acquired the assets of Nortel