| Lucent Technologies, Inc. | |
|---|---|
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| Type | Defunct |
| Founded | 1996 |
| Headquarters | Murray Hill, New Jersey, USA |
| Key people | Patricia Russo, Chairman, and CEO |
| Industry | Telecommunications |
| Products | See [1] |
| Revenue | ▲ $9. Year 1996 ( MCMXCVI) was a Leap year starting on Monday (link will display full 1996 Gregorian calendar) Patricia Russo (born in 1953 in Trenton New Jersey) was the Chief executive officer of Alcatel-Lucent. A chief executive officer ( CEO) or chief executive is typically the highest-ranking corporate officer ( executive) or administrator For other uses of this term see Industry (disambiguation An industry (from Latin industrius, "diligent industrious" In Marketing, a product is anything that can be offered to a Market that might satisfy a want or need In business revenue or revenues is Income that a company receives from its normal business activities usually from the sale of goods and services 44 billion USD (2005) |
| Employees | 30,500 (2006) |
| Website | www.lucent.com |
Lucent Technologies was a technology company composed of what was formerly AT&T Technologies, which included Western Electric and Bell Labs. The United States dollar ( sign: $; code: USD) is the unit of Currency of the United States; it has also been Employment is a Contract between two parties, one being the employer and the other being the employee. A website (alternatively web site or Web site, a back-construction from the Proper noun World Wide Web) is a collection of Web pages AT&T Technologies Inc, was created in 1983 in preparation for the Bell System Divestiture, which became effective as of January 1, 1984. Western Electric Company (sometimes abbreviated WE and WECo) was an American Electrical engineering company the manufacturing arm Bell Laboratories (also known as Bell Labs and formerly known as AT&T Bell Laboratories and Bell Telephone Laboratories) is the Research organization It was spun-off from AT&T on September 30, 1996. Events 1399 - Henry IV is proclaimed King of England. 1744 - France and Spain defeat the Year 1996 ( MCMXCVI) was a Leap year starting on Monday (link will display full 1996 Gregorian calendar)
Lucent merged with Alcatel SA of France, to form Alcatel-Lucent on December 1st, 2006. Alcatel-Lucent is one of the world's biggest industry players in Telecommunications that provides hardware software and services to Service Providers Enterprises and Alcatel-Lucent is one of the world's biggest industry players in Telecommunications that provides hardware software and services to Service Providers Enterprises and Events 800 - Charlemagne judges the accusations against Pope Leo III in the Vatican Year 2006 ( MMVI) was a Common year starting on Sunday of the Gregorian calendar. [2]
Contents |
History
One of the primary reasons AT&T chose to spin off its equipment manufacturing business was to permit it to profit from sales to competing telecommunications providers; these customers had previously shown reluctance at purchasing from a direct competitor. Before proposing a merge request please see Talk and see if the merger you propose has recently been made and Bell Labs brought prestige to the new company, as well as the revenue from thousands of patents. Bell Laboratories (also known as Bell Labs and formerly known as AT&T Bell Laboratories and Bell Telephone Laboratories) is the Research organization
At the time of its spinoff, Lucent was placed under the leadership of Henry Schacht, who was brought in to oversee its transition from an arm of AT&T into an independent corporation. Henry Schacht is an American businessman a former chairman and Chief executive officer of Cummins Diesel (1973-1994 and later CEO of Lucent Technologies Before proposing a merge request please see Talk and see if the merger you propose has recently been made and Richard McGinn succeeded Schacht as CEO in 1997. Lucent became a "darling" stock of the investment community in the late 1990s, rising from a split adjusted spin-off price of $7. 56/share to a high of $84. However, on January 6, 2000, Lucent made the first of a string of announcements that it had missed its quarterly estimates, and when it was later revealed that it had used dubious accounting and sales practices to generate some of its earlier quarterly numbers, Lucent fell from grace. Events 1066 - Harold Godwinson is crowned King of England. 1205 - Philip of Swabia becomes King 2000 ( MM) was a Leap year that started on Saturday of the Common Era, in accordance with the Gregorian calendar. By October, 2002, when its stock price bottomed at 55 cents per share, Henry Schacht had been brought back on an interim basis to replace McGinn. [3] In 1999, Lucent acquired Ascend Communications, an Alameda, California-based manufacturer of communications equipment for US$24 billon. Year 1999 ( MCMXCIX) was a Common year starting on Friday (link will display full 1999 Gregorian calendar) Ascend Communications was an Alameda California based manufacturer of communications equipment that was later purchased by Lucent Technologies in 1999 Alameda is a city in Alameda County, California, United States. Lucent held discussions to acquire Juniper Networks but decided instead to build its own routers internally. Juniper Networks, Inc ( is an Information technology company based in Sunnyvale California and founded in 1996 In April of 2000, Lucent sold its Consumer Products unit to VTech & Consumer Phone Services. 2000 ( MM) was a Leap year that started on Saturday of the Common Era, in accordance with the Gregorian calendar. VTech is the common name of Video Technology Ltd (,, a Hong Kong -based manufacturer of Consumer electronics. Consumer Phone Services LLC, Doing business as AT&T Consumer Lease Services, is a Miami FL -based company managed by Alcatel-Lucent, formerly In October of 2000, Lucent spun-off its Business Systems arm into Avaya, Inc. 2000 ( MM) was a Leap year that started on Saturday of the Common Era, in accordance with the Gregorian calendar. Avaya Inc is a privately held Telecommunications company which specializes in enterprise Telephony and Call center technology , and in June, 2002, it spun off its microelectronics division into Agere Systems. Agere Systems Inc was an Integrated circuit components company based in Allentown Pennsylvania, in the Lehigh Valley region of Pennsylvania
In 2002, Lucent began making significant cuts to the health care and retirement benefits of many of its 125,000 retirees. See also 2002 (disambiguation Year 2002 ( MMII) was a Common year starting on Tuesday of the Gregorian calendar. Although Lucent contends these and future cuts are necessary for its survival, they have nevertheless spawned several lawsuits and generated a continuing flow of negative publicity in the news media.
Today, Lucent has 30,500 employees, down from about 165,000 employees at its zenith. Lucent is active in the areas of telephone switching, optical, data and wireless networking. In the field of Telecommunications, a telephone exchange or telephone switch is a system of electronic components that connects telephone calls Patricia Russo currently heads the company, succeeding Schacht who remains on the Board of Directors. Patricia Russo (born in 1953 in Trenton New Jersey) was the Chief executive officer of Alcatel-Lucent.
On April 2, 2006, Lucent announced a merger agreement with Alcatel, which is 1. Events 68 - Galba, Governor of Hispania, names himself legatus senatus populique Romani, breaking the line of Year 2006 ( MMVI) was a Common year starting on Sunday of the Gregorian calendar. Alcatel-Lucent is one of the world's biggest industry players in Telecommunications that provides hardware software and services to Service Providers Enterprises and 5 times the size of Lucent. [4] [5] Ms. Russo will lead the combined company, Alcatel-Lucent. Alcatel-Lucent is one of the world's biggest industry players in Telecommunications that provides hardware software and services to Service Providers Enterprises and
Divisions
Lucent is divided into several core groups:
- Network Solutions Group - serves landline/cellular telephone service providers by providing equipment & other solutions necessary to provide telephone service, including networking equipment
- Lucent Worldwide Services (LWS) - a division with customers around the world that provides network services to telecom companies and business. LWS's clients include AT&T & Verizon. Before proposing a merge request please see Talk and see if the merger you propose has recently been made and "Verizon" redirects here this article is about the corporation see also Verizon Wireless, Verizon Online DSL and Verizon FiOS.
- Bell Labs - created in 1925 as the R&D firm of the Bell System. Year 1925 ( MCMXXV) was a Common year starting on Thursday (link will display the full calendar of the Gregorian calendar. The Bell System which was named for Alexander Graham Bell, the technologist popularly credited with the invention of the Telephone, was a Trademark and It was an AT&T subsidiary set up as dual ownership by AT&T and Western Electric, the manufacturing arm of AT&T. Before proposing a merge request please see Talk and see if the merger you propose has recently been made and Before proposing a merge request please see Talk and see if the merger you propose has recently been made and Western Electric Company (sometimes abbreviated WE and WECo) was an American Electrical engineering company the manufacturing arm Before proposing a merge request please see Talk and see if the merger you propose has recently been made and Bell Labs has accumulated over 31,000 patents in its existence, some of which include development of the LED and discovery of the measure of sound.
Diversity
Lucent was named one of the "100 Best Companies for Working Mothers" in 2004 by Working Mother magazine.
Murray Hill facility
The Murray Hill anechoic chamber, built in 1940, is the world's oldest wedge-based anechoic chamber. An anechoic chamber is a shielded room designed to attenuate waves Year 1940 ( MCMXL) was a Leap year starting on Monday (link will display the full 1940 calendar of the Gregorian calendar. An anechoic chamber is a shielded room designed to attenuate waves The interior room measures approximately 30 feet high by 28 feet wide by 32 feet deep. The exterior concrete and brick walls are about 3 feet thick to keep outside noise from entering the chamber. The chamber absorbs over 99. 995% of the incident acoustic energy above 200 Hz. At one time the Murray Hill chamber was cited in the Guinness Book of World Records as the world's quietest room. It is possible to hear the sounds of bone joints and heart beats very prominently.
The Murray Hill facility is currently the global headquarters for Lucent Technologies. The Murray Hill facility also has the largest copper-roof in the world. Copper (ˈkɒpɚ is a Chemical element with the symbol Cu (cuprum and Atomic number 29 Vietnam roofjpg|thumb|The roofs of Vietnam.]] A roof is the covering on the uppermost part of a Building. When Lucent Technologies was experiencing financial troubles in 2000 and 2001, one out of every three fluorescent lights was turned off in the facility. Fluorescence is a Luminescence that is mostly found as an The same was done in the Naperville facilities for a while. Naperville ( is an affluent city in the Chicago metropolitan area in Illinois in the United States, voted the second and third best place to live The facility has a cricket field and nearby, features a station from which enthusiasts can control RC airplanes and helicopters. Cricket is a bat-and-ball team Sport that originated in England and is now played in more than 100 countries A remote control vehicle is defined as any mobile device that is controlled by a means that does not restrict its motion with an origin external to the
FCPA case
According to its SEC filing, In April 2004 Lucent fired its president, COO, a marketing executive and a finance manager at its China operations for FCPA violations. An SEC filing is a Financial statement or other formal document submitted to the U The Foreign Corrupt Practices Act of 1977 (15 USC §§ 78dd-1 et seq These violations were uncovered through internal investigations triggered by the (unrelated) US DOJ and SEC probe into possible Lucent's FCPA violations in Saudi Arabia. For animal rights group see Justice Department (JD The United States Department of Justice ( DOJ) is a Cabinet department The US Securities and Exchange Commission (commonly known as the SEC) is an independent agency of the United States government which holds primary responsibility The Kingdom of Saudi Arabia, KSA ( المملكة العربية السعودية, al-Mamlaka al-ʻArabiyya as-Suʻūdiyya) or Suudi
Logo
The Lucent logo, the Innovation Ring [6], was designed by Landor Associates, a prominent San Francisco-based branding consultancy. A logo ( Greek el λογότυπος = el-Latn logotypos is a graphical element ( Ideogram, Symbol, Emblem, Icon, Sign) Landor Associates is a San Francisco -based brand and creative Design consultancy. One source inside Lucent says that the logo is actually a Zen Buddhist symbol for "eternal truth", the Enso, turned 90 degrees and modified. Zen is a school of Mahāyāna Buddhism, referred to in Chinese as Chan. is a Japanese word meaning " Circle " and a concept strongly associated with Zen. Another source says it represents the mythic ouroboros, a snake holding its tail in its mouth. The Ouroboros (Greek grc Ουροβόρος from grc ουροβόρος όφις "tail-devouring snake" also spelled Ourorboros, Oroborus, Uroboros A snake is an elongate Reptile of the suborder Serpentes Like all reptiles snakes are covered in scales. [7][8]
After the logo was compared in the media to the ring a coffee mug leaves on paper, a Dilbert comic strip showed Dogbert as an overpaid consultant designing a new company logo; he takes a piece of paper that his coffee cup was sitting on and calls it the "Brown Ring of Quality". Dilbert (first published April 16, 1989) is an American Comic strip written and drawn by Scott Adams. Dogbert is Dilbert 's Anthropomorphic pet dog from the Dilbert comic strip [9]
Works about Lucent
- Endlich, Lisa (2004). Lisa Endlich is a notable business writer and former vice-president at Goldman Sachs. Optical Illusions: Lucent and the Crash of Telecom. New York: Simon & Schuster. Simon & Schuster Inc, a division of CBS Corporation, is a Publisher founded in New York in 1924 by Richard L ISBN 0-743-22667-4.
References
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