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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.
Lucent was a successor of AT&T's Western Electric and a holding company of Bell Labs. In 2014, the Alcatel-Lucent group split into two: Alcatel-Lucent Enterprise, providing enterprise communication services, and Alcatel-Lucent, selling to
Agere was incorporated on August 1, 2000, as a subsidiary of Lucent Technologies and then spun off on June 1, 2002. The name Agere was that of a Texas-based electronics company that Lucent had acquired in 2000, although the pronunciations of the company names are different.
Telecom equipment manufacturer Alcatel-Lucent has had an enviable performance in 2013, with the stock more than tripling as a long-awaited rebound in business conditions finally appears to be ...
As the world's third-richest person and most celebrated investor, Warren Buffett attracts a lot of attention. Thousands try to glean what they can from his thinking processes and track his ...
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Lucent subsequently spun off units of its own in an attempt to restructure its struggling operations. [8] Avaya Inc. was then 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 ...
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.