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What is Alcatel-Lucent mean?
Alcatel-Lucent S.A. (French pronunciation: [alkatɛl lysɛnt]) was a French-American global telecommunications equipment company, headquartered in Boulogne-Billancourt, France. It was formed in 2006 by the merger of France-based Alcatel and U.S.-based Lucent, the latter being a successor of AT&T's Western Electric and Bell Labs.
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 a Chinese company in the same year, and in 2016 Nokia purchased the rest of Alcatel-Lucent.
The company focused on fixed, mobile and converged networking hardware, IP technologies, software and services, with operations in more than 130 countries. It had been named Industry Group Leader for Technology Hardware & Equipment sector in the 2014 Dow Jones Sustainability Indices review and listed in the 2014 Thomson Reuters Top 100 Global Innovators for the 4th consecutive year. Alcatel-Lucent also owned Bell Laboratories, one of the largest research and development facilities in the communications industry, whose employees have been awarded nine Nobel Prizes and the company holds in excess of 29,000 patents.
On 3 November 2016, Nokia completed the acquisition of the company and it was merged into their Nokia Networks division. Bell Labs was maintained as an independent subsidiary of Nokia.
The Alcatel-Lucent brand has been replaced by Nokia, but it survives in the form of Alcatel-Lucent Enterprise, the enterprise division of Alcatel-Lucent that was sold to China Huaxin in 2014 for €202 million ($254m) but the division headquartered near Paris.
referencePosted on 20 Dec 2024, this text provides information on Miscellaneous in Computing related to Computing. Please note that while accuracy is prioritized, the data presented might not be entirely correct or up-to-date. This information is offered for general knowledge and informational purposes only, and should not be considered as a substitute for professional advice.
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