- Lucent Technologies
Infobox Company |
company_name = Lucent Technologies, Inc.
company_type = Defunct
foundation = 1996
location_city = Murray Hill, New Jersey
location_country = USA
Patricia Russo, Chairman, and CEO
products = See [http://www.lucent.com/solutions/]
revenue = profit $9.44 billion USD (2005)
num_employees = 30,500 (2006)
homepage = [http://www.lucent.com www.lucent.com]
Lucent Technologies was a technology company composed of what was formerly
AT&T Technologies, which included Western Electricand Bell Labs. It was spun off from AT&T on September 30, 1996.
Lucent merged with Alcatel SA of France to form
Alcatel-Lucenton December 1, 2006. [http://www.lucent.com/press/0406/060402.coa.html]
One of the primary reasons
AT&Tchose 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 to purchase from a direct competitor. Bell Labsbrought prestige to the new company, as well as the revenue from thousands of patents.
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&Tinto an independent corporation. Richard McGinnsucceeded Schacht as CEO in 1997. Lucent became a "darling" stock of the investment community in the late 1990s, rising from a split-adjusted spinoff 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. 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. [http://news.com.com/2100-1033-247418.html] In 1999, Lucent acquired Ascend Communications, an Alameda, California-based manufacturer of communications equipment for US$24 billon. Lucent held discussions to acquire Juniper Networksbut decided instead to build its own routers internally.
In April 2000, Lucent sold its Consumer Products unit to
VTech& Consumer Phone Services. In October 2000, Lucent spun off its Business Systems arm into Avaya, Inc., and in June 2002, it spun off its microelectronics division into Agere Systems.
In 2002, Lucent began making significant cuts to the health care and retirement benefits of many of its 125,000 retirees. 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 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. Patricia Russowas named Chairman and CEO, succeeding Schacht, who remains on the Board of Directors.
April 2, 2006, Lucent announced a merger agreement with Alcatel, which is 1.5 times the size of Lucent. [http://www.lucent.com/news_events/merg.html] [http://online.wsj.com/article/SB114601908332236130-search.html?KEYWORDS=tax&COLLECTION=wsjie/6month] Ms. Russo served as CEO of the newly merged company, Alcatel-Lucent, until she was ousted in 2008.
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
*Bell Labs - created in 1925 as the R&D firm of the
Bell System. It was an AT&Tsubsidiary set up as dual ownership by AT&Tand Western Electric, the manufacturing arm of AT&T. 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.
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. The interior room measures approximately convert|30|ft|m high by convert|28|ft|m wide by convert|32|ft|m deep. The exterior concrete and brick walls are about convert|3|ft|m 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- roofin the world. When Lucent Technologies was experiencing financial troubles in 2000 and 2001, one out of every three fluorescentlights was turned off in the facility. The same was done in the Naperville facilities for a while. The facility has a cricketfield and nearby, features a station from which enthusiasts can control RC airplanes and helicopters.
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 FCPAviolations. 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.
logo, the Innovation Ring [http://voice.aiga.org/content.cfm?ContentAlias=_getfullarticle&aid=2076918] , was designed by Landor Associates, a prominent San Francisco-based branding consultancy. One source inside Lucent says that the logo is actually a Zen Buddhistsymbol for "eternal truth", the Enso, turned 90 degrees and modified. Another source says it represents the mythic ouroboros, a snakeholding its tail in its mouth. [http://www.endicott-studio.com/rdrm/forbiser.html] [http://voice.aiga.org/content.cfm?ContentAlias=_getfullarticle&aid=2076918]
After the logo was compared in the media to the ring a coffee mug leaves on paper, a "
Dilbert" comic strip showed Dogbertas 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". [http://voice.aiga.org/content.cfm?ContentAlias=_getfullarticle&aid=2076918]
Works about Lucent
*cite book | author=
Endlich, Lisa| title=Optical Illusions: Lucent and the Crash of Telecom | publisher= Simon & Schuster| location=New York | year=2004 | id=ISBN 0-743-22667-4
* [http://news.com.com/2100-1033-247418.html Lucent CEO Change Oct 2000]
* [http://www.lucent.com/news_events/merg.html Lucent-Alcatel Merger Announcement]
Wikimedia Foundation. 2010.
Look at other dictionaries:
Lucent Technologies — Inc. Rechtsform Aktiengesellschaft … Deutsch Wikipedia
Lucent Technologies — Logo de Lucent Technologies Disparition 2006 fusion avec Alcatel … Wikipédia en Français
Lucent Technologies — … Википедия
Lucent Technologies — American communications company (one of the leaders in its field) … English contemporary dictionary
Lucent Technologies, Inc. — A major manufacturer of networking switches and routing products, spun off from AT&T in 1996. Lucent Technologies provides products for the wired, wireless, and voice/data/video markets, as well as voice and fax messaging systems, Gigabit… … Dictionary of networking
Lucent — Technologies Network Systems GmbH Unternehmensform GmbH Gründung … Deutsch Wikipedia
Lucent — Technologies Logo de Lucent Technologies Disparition 2006 fusion avec Alcatel … Wikipédia en Français
Lucent Public License — Autor Lucent Technologies Versión 1.02 Fecha de publicación 2003 Software libre Si … Wikipedia Español
Lucent Public License — Infobox software license name = Lucent Public License caption = author = Lucent Technologies version = 1.02 copyright = date = 2003 OSI approved = Yes Debian approved = Free Software = Yes GPL compatible = No copyleft = linking = The Lucent… … Wikipedia
Lucent Public License — La Licenia Pública de Lucent es una licencia open source license creada por Lucent Technologies. Fue presentada en dos versiones: Versión 1.0 (también llamada Plan9 por el sistema operativo de Lucent Plan 9 y Versión 1.02. Mientras la Licencia… … Enciclopedia Universal