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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.
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]
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 ...
He left Lucent a year after to co-found Mindtree in 1999 along with 9 other co-founders. Mindtree is a $1 billion (Fiscal 19), Global IT services company with approximately 20000+ people. It is listed at the National Stock Exchange and the Bombay Stock Exchange in India.
Lower stock prices and job losses affected many telecommunications companies in 2001. The major equipment manufacturers – Motorola (U.S.), Lucent Technologies (U.S.), Cisco Systems (U.S.), Marconi (UK), Siemens (Germany), Nokia (Finland), as well as Ericsson – all announced job cuts in their home countries and subsidiaries around the world ...
Lucent 5ESS GSM Mobile Switching Centre deployed at Western Wireless International in Ljubljana, Slovenia from 2001 to 2006. The mobile switching station , abbreviated as MSC Server or MSS , is a 2G core network element which controls the network switching subsystem elements.
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]
Notably, the license was the only open source license available to the public for the Plan 9 from Bell Labs operating system until 2014, when the University of California, Berkeley was "authorised by Alcatel-Lucent to release all Plan 9 software previously governed by the Lucent Public License, Version 1.02 under the GNU General Public License ...