About
Alcatel-Lucent was the leading IP networking, ultra-broadband access, and cloud technology specialist. In 2016 Nokia completed the acquisition of the company and it was merged into their Nokia Networks division. Alcatel-Lucent Israel was involved inthree major business activities: sales and marketing; CloudBand, the global headquarters of Alcatel-Lucent's carrier cloud solution unit and the basis for future telecommunications network platforms; and Bell Labs Israel, largely dedicated to Alcatel-Lucents CloudBand solutionand focused on helping customers apply network function virtualization to create a simpler, more agile and efficient operating model for meeting networking demands.
Company Intelligence Q&A
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- What is the current status of Alcatel-Lucent?
- Alcatel-Lucent is currently inactive as of October 2016, due to its acquisition by Nokia.
- When was Alcatel-Lucent acquired and by whom?
- Alcatel-Lucent was acquired by Nokia in April 2016 for $16.6 billion USD.
- What happened to Alcatel-Lucent after its acquisition by Nokia?
- After its acquisition in April 2016, Alcatel-Lucent was merged into Nokia's Nokia Networks division.
- When did Alcatel-Lucent establish a presence in Israel?
- Alcatel-Lucent established its presence in Israel in October 2013.
- What were the primary activities of Alcatel-Lucent Israel?
- Alcatel-Lucent Israel focused on sales and marketing, hosted the global headquarters of the CloudBand carrier cloud solution unit, and housed Bell Labs Israel, which was dedicated to the CloudBand solution and network function virtualization.
- When did Alcatel-Lucent open its cloud R&D center in Israel?
- Alcatel-Lucent opened its Israel cloud R&D center on October 1, 2013.
- What was Alcatel-Lucent's market capitalization prior to its acquisition?
- Alcatel-Lucent's market capitalization was $11.1 billion USD as of January 1, 2015.
- When did Alcatel-Lucent go public?
- Alcatel-Lucent had two IPOs: one in June 1987 on Euronext and another in November 1992 on the NYSE.