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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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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 ...
The company completed its initial public offering (IPO) in June 1997 and was listed on the NASDAQ stock exchange under the ticker symbol GCTI. In late 1999, Alcatel-Lucent (then Alcatel) acquired Genesys for $1.5 billion. [6] In October 2007, Paul Segre succeeded Wes Hayden as Genesys's chief executive officer (CEO). [7]
Paris-based telecom equipment builder Alcatel-Lucent reported third-quarter sales of $5.1 billion and an adjusted net loss of $0.08 per American depositary share earlier today. That's 7% year-over ...
Alcatel-Lucent retained a 15% stake. [5] ALE International continued to use the Alcatel-Lucent brand name, now licensed from Nokia, which purchased Alcatel-Lucent in 2015. [6] [7] In 2016, Alcatel-Lucent was merged into Nokia Networks, while Alcatel-Lucent Enterprise continued as a separate company. [8] [9]
The Motley Fool's chief investment officer has selected his No. 1 stock for the next year. Find out which stock it is in our brand-new free report: "The Motley Fool's Top Stock for 2013." I invite ...
In September, Nokia considered acquiring Alcatel-Lucent's wireless division as part of its strategic restructuring, in light of the acquisition of its devices and services unit by Microsoft . By ...