Nortel wants to sell off its application-delivery gear to Radware, but to keep on selling it under an OEM agreement.
While Nortel says it would like to proceed with the deal, it has also filed papers in U.S. and Canadian bankruptcy courts that would allow others to bid on the layer 4 to 7 technology assets and make higher, better offers, the company says.
Radware would not say how much it bid.
