Latest in Alcatel

Image credit:

Lucent and Alcatel merge to form... wait for it... Alcatel Lucent


In a recent filing with the Securities and Exchange Commission, Lucent Technologies has disclosed the new name of their mega telco-tech merger with Alcatel they announced in April. The newly formed $25 billion company will be formally known as Alcatel Lucent, ending intense rounds of speculation by nobody at all. Everything should be sealed up by the end of year, and Lucent investors will own around 40 percent of combined company, with Alcatel types holding the rest.

[Via The Wireless Report]

From around the web