billancourt france type soci t anonyme traded as euronext alu industry telecommunications equipment networking equipment fate acquired by and merged with nokia founded alcatel 1872 lucent technologies 1870 alcatel lucent 2006 headquarters boulogne billancourt france area served worldwide key people philippe camus chairman products hardware software and services to telecommunications service providers and enterprises revenue 14.3 billion 2015 1 operating income 714 million 2015 1 profit 272 million 2015 1 total assets 23.2 billion 2015 1 total equity 3.7 billion 2015 1 number of employees 52 673 2015 2 parent nokia 3 4 website www.alcatel lucent.com alcatel lucent s.a. french pronunciation alkat l lys nt was a french global telecommunications equipment company headquartered in boulogne billancourt france . as of january 2016 the company is part of nokia . 3 the company focused on fixed mobile and converged networking hardware ip technologies software and services with operations in more than 130 countries . it had been named industry group leader for technology hardware & equipment sector in the 2014 dow jones sustainability indices review 5 and listed in the 2014 thomson reuters top 100 global innovators for the 4th consecutive year . 6 alcatel lucent also owned bell laboratories one of the largest research and development facilities in the communications industry whose employees have been awarded eight nobel prizes and the company holds in excess of 29 000 patents . alcatel lucent s chief executive officer was michel combes and the non executive chairman of the board was philippe camus . camus joined the company in the third quarter of 2008 alongside ben verwaayen as ceo after alcatel lucent s first ceo patricia russo and first chairman serge tchuruk resigned . 7 for 2010 the company had revenues of 16 billion and a reported net loss of 334 million . 8 for 2011 revenues were 15 billion net loss of 1.1 billion . for 2012 revenues were 14.4 billion and net loss of 1.4 billion . 9 after seven consecutive years of negative cash flows in october 2013 the company announced plans to slash 10 000 employees or 14 % of the total current 72 000 workforce as a part of a 1 billion cost reduction effort . 10 in june 2013 michel combes announced the shift plan 11 a three year plan including portfolio refocusing on ip networking ultra broadband access and cloud ; 1 billion euro in cost savings ; selective asset sales intended to generate at least 1 billion euro over the period of the plan and the restructuring of the group s debt . on october 1 2014 it announced that it had closed the sale of its subsidiary alcatel lucent enterprise to china huaxin post & telecommunication economy development center . contents 1 history 1.1 timeline 1.1.1 alcatel 1.1.2 at & t lucent technologies 1.1.3 alcatel lucent 2 organization 2.1 board of directors 2.2 leadership team 3 operating segments 4 research and development 5 awards and distinctions 6 lawsuits 6.1 violations of the u.s. foreign corrupt practices act 6.2 alcatel lucent v. microsoft 6.3 alcatel lucent v. newegg and overstock 7 references 8 external links history edit former alcatel lucent head office to 2009 alcatel lucent was formed when alcatel originally short for the soci t alsacienne de constructions atomiques de t l communications et d lectronique a small company in mulhouse absorbed by cge in 1966 merged with lucent technologies on december 1 2006 . however the predecessors of the company have been a part of telecommunications industry since the late 19th century . the company has roots in two early telecommunications companies la compagnie g n rale d electricit cge and the western electric manufacturing company . 12 western electric began in 1869 when elisha gray and enos n. barton started a small manufacturing firm based in cleveland ohio . by 1880 the company had relocated to chicago illinois and become the largest electrical manufacturing company in the united states . in 1881 the american bell telephone company founded by alexander graham bell and forerunner of american telephone & telegraph at & t purchased a controlling interest in western electric and made it the exclusive developer and manufacturer of equipment for the bell telephone companies . 12 cge was formed in 1898 by french engineer pierre azaria in the alsace region of what was then germany and was a conglomerate involved in industries such as electricity transportation electronics and telecommunications . cge would become a leader in digital communications and would also be known for producing the tgv train grande vitesse high speed trains in france . 12 alcatel one touch 535 front side . introduced july 2003 bell telephone laboratories was created in 1925 from the consolidation of the r & d organizations of western electric and at & t. bell labs would make significant scientific advances including the transistor the laser the solar cell battery the digital signal processor chip the unix operating system and the cellular concept of mobile telephone service . bell labs researchers have won 7 nobel prizes . 12 also in 1925 western electric sold its international western electric company subsidiary to itt corporation . cge purchased the telecommunications part of itt in the mid 1980s . 12 at & t re entered the european telecommunications market in 1984 following the bell system divestiture . philips promoted the venture in part because its prx public switching technology was ageing and it sought a partner to help fund the development costs of digital switching . the joint company used the existing manufacturing and development facilities in the hague hilversum brussels and malmesbury as well as its u.s. resources to adapt the 5ess system to the european market . the joint venture company at & t & philips telecommunications bv doubled annual turnover between 1984 and 1987 winning major switching and transmission contracts mainly in the effectively captive netherlands market . in 1987 at & t increased its holding to 60 % and in 1990 it purchased the remainder of the philips holding . in 1998 alcatel alsthom shifted its focus to the telecommunications industry spinning off its alsthom activities and changing the company s name to alcatel . at & t spun off lucent technologies in april 1996 with an initial public offering . 12 world areas which alcatel lucent serve . in april 2004 tcl corporation and alcatel announced the creation of a mobile phone manufacturing joint venture alcatel mobile phones . alcatel lucent campus in germany . facing intense competition in the telecommunications industry alcatel and lucent technologies merged on november 30 2006 . 13 on april 5 2006 alcatel announced that it would swap its shares of alcatel alenia space and telespazio for 673 million and a 12.1 % stake in thales a key player in the french defense industry . this increased alcatel s stake in thales to 20.8 % . 12 alcatel lucent acquired nortel s umts radio access business at the end of 2006 . during 2007 the company acquired canadian metro wdm networking supplier tropic networks inc. ; enterprise services gateway products developer netdevices ; iptv software company tamblin ; and the telecommunications consulting practice thompson advisory group inc. alcatel lucent acquired motive inc. a provider of service management software for broadband and mobile data services in 2008 . 12 they formerly had a joint venture with dutch company draka holding n.v. for manufacturing optical fibre but draka bought out alcatel lucent s 49.9 % stake for 209 million in december 2007 . 14 in may 2009 alcatel lucent s stake in thales was acquired by dassault aviation . 15 alcatel lucent announced the acquisition of openplug on september 1 2010 . 16 in october 2011 alcatel lucent sold its call center services business genesys unit to permira a private equity group for 1.5 billion the same amount the company bought the business for in 2000 . alcatel lucent needed funding for the franco american business which made annual losses from 2007 to 2011 . 17 on april 15 2015 finnish telecommunications firm nokia announced its intent to purchase alcatel lucent for 15.6 billion in an all stock deal . the acquisition aims to create a stronger competitor to the rival firms ericsson and huawei whom nokia and alcatel lucent had surpassed in terms of total combined revenue in 2014 . the acquisition was expected to be completed in early 2016 and was subject to regulatory and shareholder approval . regulatory approval was obtained in october 2015 . shareholder approval was announced on january 4 2016 . the bell labs division will be maintained but the alcatel lucent brand will be replaced by nokia . 18 19 20 on january 14 2016 alcatel lucent started operating as a part of the nokia group . 3 timeline edit alcatel edit 1898 french engineer pierre azaria sets up the compagnie g n rale d lectricit cge . 1925 cge becomes part of compagnie g n rale des c bles de lyon . bell telephone laboratories is created . 1928 alsthom is formed by soci t alsacienne de constructions m caniques and compagnie fran aise thomson houston . 1950 see itt kellogg itt telecommunications alcatel http www.encyclopedia.chicagohistory.org pages 2736.html 1970 ambroise roux becomes cge s chairman . he then becomes the honorary chairman until his death in 1999 . 1982 jean pierre brunet becomes cge s chairman . 1984 georges pebereau becomes cge s chairman . thompson telecommunications is absorbed by cge . 21 cables de lyon buys thompson jeumont cables and kabelmetal . 1985 alsthom atlantique becomes alsthom . alcatel is formed when cit alcatel and thompson telecommunications merge . 22 1986 itt corporation sells its european telecommunications business to cge under its agreement with alcatel nv . cables de lyon becomes a subsidiary of alcatel nv . 23 pierre suard becomes cge chairman . 1987 cge is privatized . 24 alsthom wins contract for tgv atlantique for the northern tgv network . 1989 cge and general electric company form gec alsthom . this allows alsthom to sells its products outside france . cgee alsthom becomes cegelec . at & t technologies reorganizes with the following business units network systems global business communications microelectronics and consumer products . 1991 cge changes its name to alcatel alsthom . acquires rockwell technologies transmission equipment division . 25 26 27 cables de lyons is renamed alcatel cable and takes over aeg kabel . 1991 alcatel acquires telettra an italian telecommunication systems company . 1992 alcatel alsthom acquires aeg kabel . 1993 alcatel alsthom acquires stc submarine systems from now nortel networks . 1995 serge tchuruk appointed chairman and ceo of alcatel alsthom . he restructured the company to focus on telecommunications equipment . 28 1998 alcatel alsthom split . alsthom gec becomes alstom through an ipo with alcatel retaining 24 % . alcatel sells cegelec to the newly formed alstom . alcatel acquires dsc communications for 4.4 billion 29 and packet engines 30 1999 alcatel acquires xylan assured access and internet devices . alcatel increases its stake in thomson csf to 25.3 % and decreases its stake in framatome to 8.6 % . 2000 alcatel acquires newbridge genesys and innovative fibers . alcatel spins off its cable unit into nexans . 31 lucent spins off avaya inc. 2001 alcatel sells its stake in alstom . alcatel buys back alcatel space investment from thales and reduces its stake in thales to 20.03 % . alcatel sells its 2.2 % stake in areva . alcatel sells dsl modem business to thomson multimedia . lucent spins off its microelectronics business into agere systems via an ipo . 2002 alcatel acquires astral point communications inc. telera corporation and control of alcatel shanghai bell . alcatel sells its microelectronic business to stmicroelectronics its stake in thomson 10.3 m shares of thales and 1.5 m shares of nexans . 2003 alcatel acquires imagictv and timetra inc. it sells a 50 % stake in atlinks and its optical business to avanex . 2004