Tag Archives: Lucent

Nokia Corp. announced on Wednesday its plan to acquire rival Alcatel-Lucent in an all-share deal. The transaction values Alcatel-Lucent at €15.6 billion. The new company will become the world’s second largest supplier or telecommunication equipment (after Ericsson) and will be headed by the current Nokia top managers. The combined company will …

Alcatel-Lucent and Nokia Corp. have restarted talks about a possible merger, according to a media report. If the companies become one, they will be the world’s largest manufacturer of telecommunication equipment with formidable portfolio of telco patents. The Manager Magazin reported this week that Nokia, with its strength in wireless networks, …