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Alcatel-Lucent had it rough in 2012. Shares of the telecom equipment maker fell 18% even as the S&P 500 benchmark gained 14%. Heck, Lucent has a tough half-decade in the rear view mirror. Over the ...
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 ...
Motive, Inc. (previously Motive Communications) was a provider of service management software for broadband and mobile data services, founded in 1997 and headquartered in Austin, Texas. The company was acquired by Alcatel-Lucent in 2008, which was in turn acquired by Nokia in 2016.
Ben Verwaayen was appointed as chief executive officer in September 2008 after Alcatel-Lucent's first CEO, Patricia Russo, and first chairman, Serge Tchuruk, resigned. [11] In May 2009, Alcatel-Lucent's stake in Thales was acquired by Dassault Aviation. [12] Alcatel-Lucent announced the acquisition of OpenPlug on 1 September 2010. [13]
The woes of Alcatel-Lucent S.A. (NYSE: ALU) are growing. A quarterly loss of more than $460 million if you adjust dollars for euros is one thing, but the company cannot get its growth back.
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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]
Alcatel-Lucent (NYS: ALU) reported earnings on Feb. 7. Here are the numbers you need to know. The 10-second takeaway For the quarter ended Dec. 31 (Q4), Alcatel-Lucent met expectations on revenues ...