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Acacia Subsidiary Enters into Settlement and Patent License Agreement with Alcatel-Lucent USA, Inc.

2013-12-31 13:58:46| Semiconductors - Topix.net

An intermediary in the patent marketplace, Acacia partners with inventors and patent owners to unlock the financial value in their patented inventions.

Tags: inc usa agreement license

 

Alcatel-Lucent to sell LGS Innovations for USD 200 mln

2013-12-20 10:31:00| Telecompaper Headlines

(Telecompaper) Alcatel-Lucent announced a definitive agreement to sell its subsidiary LGS Innovations to a US-based company owned by a Madison Dearborn Partners-led investor group that includes CoVant. The divestment forms part of the commitments outlined by Alcatel-Lucent in its Shift Plan, to narrow its focus and reduce costs. The cash transaction agreed between Alcatel-Lucent and the Madison Dearborn/CoVant group will comprise a total amount of up to USD 200 million, of which 50 percent will be paid at closing and up to 50 percent in a subsequent variable component based on the subsidiary's performance in 2014. Closing of the transaction is subject to certain conditions, including US Government approvals, and is targeted to occur in the first quarter of 2014. LGS Innovations provides secure networking, satellite communications, VoIP, optical routers and other solutions for the US national security, defense, and advanced research communities. Madison Dearborn is a private equity firm, while CoVant is a holding company focused on acquiring and growing companies in the federal technology marketplace.

Tags: sell usd innovations mln

 
 

Tim Krause to become Alcatel-Lucent marketing chief...again

2013-12-19 01:00:00| Total Telecom industry news

Exec previously served as CMO between June 2008 and December 2009.

Tags: marketing tim krause alcatellucent

 

Alcatel-Lucent CTO insists Bell Labs is back on track

2013-12-13 01:00:00| Total Telecom industry news

Vendor's R&D arm identifies seven areas to focus on as it seeks to regain relevance.

Tags: back track bell labs

 

Alcatel-Lucent to deploy fibre-optic network for automated rail services in Brussels

2013-12-12 01:00:00| Railway Technology

Belgiums urban public transport operator STIB has selected Alcatel-Lucent to install a new fibre-optic communication network for automated rail services in Brussels, as part of the Pulsar project.

Tags: services network automated rail

 

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