Divestiture

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Divestiture

A complete asset or investment disposal such as outright sale or liquidation.

Divestiture

The removal of assets from a person or firm's balance sheet through sale, exchange, closure, bankruptcy, or some other means. Divestiture may occur when a person or company has acquired more than he/she/it can properly administer. This sort of divestiture may occur slowly; for example, a corporation may slowly sell subsidiaries to concentrate exclusively on its core competence. On the other hand, divestiture may occur because a person or company has become cash poor and needs to build liquidity very quickly.

divestiture

The sale, liquidation, or spinoff of a division or subsidiary. For example, a firm may decide to divest itself of a division in order to concentrate its managerial efforts on more promising segments of its business.
References in periodicals archive ?
The high-capacity tandem switch can serve dual purposes as an access point for network traffic entering and exiting a carrier's local network, and as the center in a "hub-and-spoke" architecture, switching voice and data traffic between multiple end offices.
Lucent Technologies 5E-XC high-capacity tandem switch supports up to 256,000 trunk lines, compared to 92,000 trunks on an existing 5ESS switch.
MegaHub 600E is a major milestone for our tandem switch product family.