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Some joint ventures have a defensive aspect -- for example, when a couple of companies combine subsidiaries to try and stay a step ahead of consolidation in a sector. That was the case in April 2007 when Nokia Oyj (NYSE:NOK) and Siemens AG (NYSE:SI) folded their telecom infrastructure businesses into...
Posted on October 15, 2009 1:44 PM
Alcatel-Lucent SA (NYSE:ALU) has promoted an internal executive to lead its recently announced alliance with Hewlett-Packard Co. (NYSE:HPQ). Christel Heydemann, who most recently led sales account management for Alcatel-Lucent France, has been appointed strategic alliance vice president for HP. Heydemann, a longtime Alcatel employee, will oversee go-to-market activities, co-development and...
Posted on June 24, 2009 12:44 PM
Hewlett-Packard Co. (NYSE:HPQ) and Alcatel-Lucent (NYSE:ALU) signed an agreement stating an intent to form a 10-year global alliance that "could generate billions" in net revenues for the companies.The plan is basically to jointly market their products to businesses.Palo Alto, Calif.'s HP, the world's largest technology company, provides printing, personal computing,...
Posted on June 18, 2009 4:09 PM
Merrill Corp., a maker of virtual data room technology, recently compiled insights from experts who have survived the post-merger integration process. Their whitepaper, Post Merger Integration: Overcoming Culture Shock, gives examples of the speed bumps and roadblocks dealmakers can run into once the deal is closed.Merrill cites the $13.4...
Posted on September 10, 2008 1:55 PM
You know it's been a tough integration when you see a quote like the one from Alcatel-Lucent's departing CEO Pat Russo in Wednesday's Wall Street Journal: "The Marines that land on the beach and secure it aren't necessarily the same ones who you want there to keep the peace and...
Posted on July 30, 2008 11:01 AM
As The Deal's Paul Whitfield reports, the architects behind the 2006 $11.6 billion merger of Paris-based Alcatel SA and Lucent Technologies Inc., headquartered in New Jersey, are stepping down. Alcatel-Lucent chief executive Patricia Russo and chairman Serge Tchuruk will be leaving their jobs in the coming months. It is not...
Posted on July 29, 2008 8:26 AM
It was a little like deja vu reading on Monday about how ailing telecoms are expanding into business services to offset declines in their core businesses. As The Wall Street Journal reports (subscription required), Alcatel-Lucent, Telefon AB L.M. Ericsson and Nokia Siemens are seeking new growth by offering services to...
Posted on July 28, 2008 10:45 AM
Integrating the IP of the newly formed telecom giant is a big job with major implications - for both the company itself and its competitors.
Posted on June 15, 2007 3:42 PM
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