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 ?
Telcordia explained that it was only a software vendor for Pakistan operations and had no other business interests there.
For the solution that is provided to the Greek marketplace, Telcordia will provide the number portability clearinghouse software as well as serve as the prime contractor.
The department of telecom ( DoT) has issued a show- cause notice to Telcordia asking why its licence for MNP should not be cancelled.
Telcordia visual search technology was designed to enhance the experience of accessing and viewing multimedia information (e.g., videos) on a multitude of devices.
( JV) between US- based Telcordia Technologies and Indian firm Deepak Talwar Consultants -- had no experience of operating the service.
It is qualified and is in compliance with JESD 47 as well as Telcordia GR-357-Core.
"The software vendors that have survived and will gain market share in this difficult economic climate (i.e., Accenture, NightFire, and Telcordia) are those that have not veered beyond their core competency, yet have managed to expand their particular value proposition to CSPs," says Sharon Ballard, an analyst with the Telecom Software Strategy's practice at the Yankee Group.
NEBS provides the highest assurance of product operability following the Telcordia specifications applied for telecommunications equipment.
The LC type connectors meet or exceed Telcordia GR-326-CORE Issue 3.
In other positive news, large available space blocks have been taken off the market with major transactions from Tyco International, Telcordia Technologies, Paragon Federal Credit Union and Affiliated Computer Services.
With annual revenues of $5.9 billion, SAIC and its subsidiaries, including Telcordia Technologies, have more than 40,000 employees at offices in more than 150 cities worldwide.
Filters meet the following standards and classifications: UL 94 HF-1; UL 900 Class 2, CE; Telcordia NEBS GR-78-CORE and GR-63-CORE; and FMVSS 302.