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In 1992, it was part of the AT&T holding and later a subsidiary of Lucent Technologies, renamed in 2006 Alcatel-Lucent group. Since 2016, the firm has been controlled by Nokia . The Bydgoszcz site includes a Research and Development Center from Bell Labs , one of the world leading R&D company.
In 1997, she was named group president for Lucent's US$ 19 billion global service-provider business, overseeing marketing and sales for the company's largest customer segment. [ 16 ] [ 20 ] That year, Fiorina chaired a US$ 2.5 billion joint venture between Lucent's consumer communications and Royal Philips Electronics , under the name Philips ...
Lucent subsequently spun off units of its own in an attempt to restructure its struggling operations. [8] Avaya Inc. was spun off from Lucent as its own company in 2000 (Lucent merged with Alcatel SA in 2006, becoming Alcatel-Lucent, which was purchased in turn by Nokia in 2016). Avaya Inc. were listed on the NYSE using the symbol AV from 2000 ...
In October 2011, Alcatel-Lucent sold its Genesys call-centre services business unit to Permira, a private equity group, for $1.5 billion—the same amount that Lucent had paid for the business in 2000. Alcatel-Lucent needed funding for the Franco-American business, which made annual losses from 2007 to 2011. [17]
Agilent Technologies was created in 1999 as a spin-off of several business units of Hewlett-Packard [12] including test & measurement, optics, instrumentation and chemical analysis, electronic components, and medical equipment product lines.
In 1998, Lucent and Philips announced it would dissolve its joint venture, after garnering only a 2% market share in mobile phones and losing $500 million on a revenue of $2.5 billion. [1] Both companies initially re-absorbed their respective assets in the joint venture, but Lucent subsequently sold off its parts to VTech and Motorola. [2] [3]
In 1982, Cohn founded Octel Communications Corporation. He served as Chairman and CEO of Octel from its inception in 1982 until the company was purchased by Lucent Technologies in 1997. He then served as an Executive Vice President of Lucent Technologies, Inc. and retired April 30, 1999. From 2002 to 2004, Cohn was a partner with Sequoia ...
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