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Alcatel Networks Inc history
Alcatel Networks Inc company history timeline
A 1987 acquisitions spree diversified CGE into pumping systems, batteries, nuclear boilers, and publishing.
The 1989 merger of CGE's Alsthom power and transportation subsidiary with the United Kingdom's General Electric Company's Powers System Division formed GEC Alsthom N.V., a 50/50 joint venture.
He also emphasized research and development, spending about eight percent of total sales, or US$2.3 billion, in 1990 alone.
These two subsidiaries had also grown to become the primary businesses of CGE by 1990.
As of January 1, 1991, CGE's name was changed to Alcatel Alsthom Compagnie Générale d'Electricité, and the conglomerate was commonly known as Alcatel Alsthom.
The new Alcatel 1000 telecommunication system, developed to provide high-speed data and image transmission and high-density television capability, as well as conventional telephone functions, was launched in 1991.
Alcatel Alsthom slowed its acquisitions pace in 1992, but bought out ITT's 30 percent stake in Alcatel N.V. for US$3.7 billion in cash and a seven percent share of Alcatel that spring.
The company had also captured 20 percent of Germany's telephone equipment market, second only to the venerable Siemens A.G. In 1993 Alcatel Alsthom commanded 23 percent of the worldwide market for telephone line transmission.
Permira and Technology Crossover Ventures acquired Genesys from Alcatel - Lucentthe Bell Labs child Lucent forming Alcatel - Lucent DSC and Alcatel together drove Optilink s Litespan 2000 NGDLC sales to one of the largest deploymentslanding points. It is now a part of Alcatel - Lucent and its operations are being woundto Alcatel in 1994.
In 1995, Suard was forced to resign after being indicted for fraud--including bribery allegations.
1995: Company launches major restructuring drive.
That purchase completed a two-year US$16 billion spending spree--begun with the US$4 billion purchase of DSC Communications in 1998--that has allowed Alcatel to build a manufacturer and service network capable of providing turnkey network and telecommunications systems.
But Tchuruk's restructuring took on greater steam as the company, renamed simply Alcatel in 1998, transformed itself from a traditional industrial conglomerate into a focused high-technology company.
Alcatel - Lucent then Alcatel acquired Genesys for n.5 billion in late 1999.
In July 2000 came the culminating US$7 billion purchase of Newbridge Networks.
the Bell Labs child Lucent forming Alcatel - Lucent DSC and Alcatel together drove Optilink s Litespan 2000 NGDLC sales to one of the largest deployments
2005, he rejoined Lucent which later became Alcatel - Lucent after its merger with the French telecom giant, Alcatel Alcatel - Lucent has since been acquired
In 2007, it acquired Tropic Networks, NetDevices, Thompson Advisory Group and Tamblin.
…a global economic downturn, saw Alcatel-Lucent underperform over the following years, and Russo stepped down as CEO in 2008.
Alcatel-Lucent has received a number of awards and recognitions over its life span for its innovative products and services. It has also received a lot of plaudits for its initiative to release its 2008 CSR report on its website rather than circulating hard copies of the same.
In July 2009 Russo was appointed to the board of directors of General Motors.
2010, Alcatel - Lucent acquired ProgrammableWeb as part of a move by the company to align themselves closer to the developer community.
In 2011, a team led by Wim Sweldens develops light Radio.
In 2012, the company sold Genesys Labs to Permira.
The company also won the Mobile World Congress Best Infrastructure Technology award for the same innovation, in 2012.
to the rival firms Ericsson and Huawei, whom Nokia and Alcatel - Lucent had surpassed in terms of total combined revenue in 2014.
The company has invested 85% of its total research and development investment in the year 2015 in the above three technologies.
She also served on the boards of various other companies, and in 2015 she became chairman of…
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Alcatel Networks Inc may also be known as or be related to Alcatel Networks Inc, Alcatel-Lucent and Alsacienne de Constructions Atomiques.