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Lucent Technologies, Inc. was an American multinational telecommunications equipment company headquartered in Murray Hill, New Jersey.It was established on September 30, 1996, through the divestiture of the former AT&T Technologies business unit of AT&T Corporation, which included Western Electric and Bell Labs.
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In 2014, the Alcatel-Lucent group split into two: Alcatel-Lucent Enterprise, providing enterprise communication services, and Alcatel-Lucent, selling to communications operators. The enterprise business was sold to China Huaxin Post and Telecom Technologies in the same year, [ 1 ] and in 2016 Nokia acquired the remainder of Alcatel-Lucent.
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It’s also easier to transfer ownership of stock shares via electronic certificates vs. physical share certificates. Electronic stock certificates are held by the Central Securities Depository ...
The server business was sold off to private equity investors within months, following the Lucent deal. It now operates as Stratus Technologies. The company was acquired by Lucent Technologies in 1999. [6] The $24 billion merger was the largest technology merger in history up to that time. [7] Ascend's stock traded under the Nasdaq symbol ASND.
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