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The merger of Alcatel and Lucent officially approved

The result of the deal between Alcatel and Lucent was the emergence of the world's largest network equipment manufacturer Alcatel-Lucent, with headquarters in Paris. The total revenue of $ 24 billion exceeds the previous leader Cisco.

Registration of the transaction took about eight months, accompanied by checks of special services (both companies carry out orders of the defense complex) and claims from investors. However, it all ended well. Starting today, December 1, 2006, Alcatel-Lucent’s new stocks begin to trade simultaneously on the Paris and New York stock exchanges under the ticker ALU. The official press conference on this issue begins at these moments (today at 15:00 Moscow time) is broadcast online .

Alcatel and Lucent are huge transnational corporations, which in total have offices in 130 countries of the world. French Alcatel is the largest supplier of DSL equipment. For its part, Lucent is strong in mobile communications.

Both companies are on the rise and are developing equipment for a new generation of networks that combine data, voice, video and traffic of mobile operators. According to experts, it is in this area that the combined company Alcatel-Lucent will be superior to its competitors. The infrastructure for the next generation Internet will be French, although the business will be run by an American.
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The head of the $ 24 billion business was Patricia Rousseau . From the executive director of Lucent, headquartered in New Jersey, the energetic business woman has become the head of the transnational corporation Alcatel-Lucent with an office in Paris. In addition, she is the first woman in the history of France, who managed to lead one of the largest high-tech companies in the country.

Patricia faces the difficult task of reforming: to achieve the promised cost reduction of $ 1.8 billion, she will have to fire every tenth employee, which is about 8,800 people. Experts suggest that the disproportionate majority of the dismissed will be American employees Lucent , that is, its former subordinates.

Source: https://habr.com/ru/post/4763/


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