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Alcatel and Lucent to Merge

CowboyNeal posted more than 8 years ago | from the come-together dept.

174

Cappella writes "It is confirmed. Alcatel and Lucent are combining to form a USD $25 billion entity. This marks a new wave of telecommunications company consolidation in the next few months to come." They first tried to work out a merger five years ago, but finally, at long last, it's come to fruition.

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174 comments

Wrong! (-1, Troll)

Anonymous Coward | more than 8 years ago | (#15046546)

It isn't april fools anymore, slashdot.

AT&T (5, Funny)

HoosierPeschke (887362) | more than 8 years ago | (#15046553)

Soooooooo will they rename themselves Western Electric and merge with AT&T?

So maybe my LU stock will finally rise??? (1, Interesting)

Anonymous Coward | more than 8 years ago | (#15046572)

So maybe my LU stock will finally rise???

Re:AT&T (4, Interesting)

fm6 (162816) | more than 8 years ago | (#15046608)

Since the new company will be headquartered in Paris, it would have to be French Electric.

Re:AT&T (3, Funny)

Espectr0 (577637) | more than 8 years ago | (#15046779)

Since the new company will be headquartered in Paris, it would have to be French Electric.

Don't worry. The US branch would be called Freedom Electric.

Re:AT&T (1)

ScottCooperDotNet (929575) | more than 8 years ago | (#15046808)

France is in the "West."

Is this another AFD prank?

Re:AT&T (1)

fm6 (162816) | more than 8 years ago | (#15046944)

It's not in the same "west" as Western Electric was.

Re:AT&T (1)

blincoln (592401) | more than 8 years ago | (#15046825)

Since the new company will be headquartered in Paris, it would have to be French Electric.

If you ever go to Harbor Freight Tools, take a look at the brands sometime. Everything is from China, but they're all named things like "Chicago Power Tools" or "American Air Compressors."

Re:AT&T (1)

big tex (15917) | more than 8 years ago | (#15046982)

That's a little different.
Chicago Power Tools is a 'store-branding' of Chicago Pneumatic, a maker of some very good air tools. I would go so far to say that I'll only buy CP breakers and rivet guns, and their impact wrenches give IR a run for the money.

CP was bought by Atlas Copco, a Swedish company.

Besides, if you buy anything at Harbor Freight anticipating a serious tool purchase, you deserve to be duped by misleading names.

The House Subcommittee on Former Monopolies... (-1, Troll)

Anonymous Coward | more than 8 years ago | (#15046828)

But what does the The House Subcommittee on Former Monopolies Splitting And Rejoining [house.gov] have to say about this?

Additional keywords: Alcatel, Evil Empire, Lucent, Ma Bell, Winmodems.

Apr. 2: Prostitute Schedule @ MBOT in SF (-1, Offtopic)

Anonymous Coward | more than 8 years ago | (#15046877)

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Check out the prostitute schedule for April 2, 2006 at the MBOT [fuckedcompany.com] . The prostitute schedule is updated daily.

Unlike Las Vegas, San Francisco does not regulate prostitution. So, the MBOT heartily welcomes everyone -- including HIV-positive customers.

Re:AT&T (1)

Rocky (56404) | more than 8 years ago | (#15046958)

Western Electric already exists - it's called Agere Systems [agere.com] .

Re:AT&T (2, Informative)

HoosierPeschke (887362) | more than 8 years ago | (#15047077)

which came from Lucent [lucent.com] which came from AT&T Technologies [wikipedia.org] which came from Western Electric [wikipedia.org] which came from AT&T [wikipedia.org] . So we're both right.

How long can this consolidation go on for ? (0, Interesting)

Anonymous Coward | more than 8 years ago | (#15046562)


will Wall St. be happy when there is 1 company in the whole world that owns everything ? what happens then ? do we start the economy from scratch again ?

seems like we are on a 1 way road to nowhere, its not a matter of if but when, unless of course unlimited growth and profits has managed to beat infinity

Re:How long can this consolidation go on for ? (0)

Anonymous Coward | more than 8 years ago | (#15046571)

Perhaps you could ask that one company for free tuition to an English grammar school.

Re:How long can this consolidation go on for ? (1)

DrSkwid (118965) | more than 8 years ago | (#15046743)

With any luck, he'll have $ left over for you.

Re:How long can this consolidation go on for ? (4, Insightful)

chill (34294) | more than 8 years ago | (#15046590)

Lucent is a shadow of what it was. They've laid off over 100,000 people in the past couple of years, and are now looking at another 9,000 or so with this merger. Those aren't exactly "world domination" figures.

  -Charles

Re:How long can this consolidation go on for ? (2, Interesting)

cubicledrone (681598) | more than 8 years ago | (#15046669)

They've laid off over 100,000 people in the past couple of years, and are now looking at another 9,000 or so with this merger.

Oh yeah. Now that's free market capitalism at it's best! What? No, that's what "free market" means: shit all over the wage earners.

Now they can start figuring out ways to fuck over customers.

Re:How long can this consolidation go on for ? (1)

kimvette (919543) | more than 8 years ago | (#15046707)

re: Now they can start figuring out ways to fuck over customers.

They've been doing that for years, hence projects like asterisk and ser

Re:How long can this consolidation go on for ? (4, Informative)

TheGavster (774657) | more than 8 years ago | (#15047181)

Actually, I think it's "allocate workers and resources in the most efficient manner". Apparently Lucent isn't an efficient place to allocate workers to, thus the market has moved them elsewhere.

Re:How long can this consolidation go on for ? (1)

cubicledrone (681598) | more than 8 years ago | (#15047355)

Actually, I think it's "allocate workers and resources in the most efficient manner"

Efficient:

Workers: Out on their ass

Resources: In some hairpiece's pocket.

Allocated.

Apparently Lucent isn't an efficient place to allocate workers to, thus the market has moved them elsewhere.

According to the people who are firing 9,000 workers for no reason.

Re:How long can this consolidation go on for ? (1)

cubicledrone (681598) | more than 8 years ago | (#15047395)

No wait!

I know! They got FIRED because they don't have any marketable skills! Right?! Why'd they get hired in the first place? WHY DO THEY ALWAYS HAVE TO FIRE PEOPLE AND FUCK UP THEIR LIVES??

I think there should be a law: if a company that is not in Chapter 7 fires anyone without cause, they should become instantly liable for all of their debts. We'll call it the "Lying Rat Fuck Sphincter Clutch Act" Oh, and it's perfectly fair. Look up "breach of contract." See how many fucking layoff parties happen after that.

Re:How long can this consolidation go on for ? (1)

bezza (590194) | more than 8 years ago | (#15047450)

Nobody would hire anybody then dickhead.

God I hate protectionists

Re:How long can this consolidation go on for ? (2, Insightful)

obarel (670863) | more than 8 years ago | (#15047570)

Chicken and egg: what brings profits to the company?

According to some, it's the employees who work hard and produce value.
According to others, it's the customers who pay for goods and services.
Maybe both.

But the merging companies shit on both - employees are fired and customers will not get a better deal (why would they? A dominating company can provide cheaper, worse services, without being afraid of competition - legally they would have to do that, to keep the share holders happy).

The share holders do NOT bring profits to the company - they TAKE the profits, and are still considered number one in the business. That's because they own the business without lifting a finger. So the whole framework is screwed, not just a single business.

A company that controls 90% of the market, after mergers, will NOT provide better service to its customers. It's only competition that is good for the customers. Mergers are ANTI-COMPETITON and are BAD for the market, for the customers, and for the employees.

Talk about protectionism - mergers ARE protectionism, they protect the interests of the share holders and the directors, but not much else.

If a single company owned everything, but employed only 1% of the population, they'd have huge profits and the share holders would be extremely happy, but don't you think the economy would then collapse?

Thinking of employees as customers in other companies makes it slightly clearer - you must make sure that people earn money (and do not depend on charity) for a healthy economy. In a competitive market, it means that people have to work hard to earn their cash, but they CAN do it (i.e., it makes sense to start new businesses and employ people, because you can compete). In a non-competitive market, it can either mean that everybody works, but the market is not efficient (communism as was practiced in the USSR), or that only a small fraction of the population works and the rest are either rich (the "owners" of everything) or they have to resort to begging or stealing (capitalism as practiced in Africa).

Mergers make the market non-competitive. I wonder if you really want the country you live in to be like either of these examples.

Re:How long can this consolidation go on for ? (1)

Firehed (942385) | more than 8 years ago | (#15047313)

Now they can start figuring out ways to fuck over customers.
I think I just heard Sony's phone ring.

Re:How long can this consolidation go on for ? (2, Insightful)

thePig (964303) | more than 8 years ago | (#15046721)

Yep. But think about AT&T ..
If any company had anything resembling world domination, it was them.

The irony is that at that time Govt. broke the company up to 7 segments, and now they are trying to survive by merging.

Fall from grace, indeed.

Re:How long can this consolidation go on for ? (0, Flamebait)

JerLasVegas (791093) | more than 8 years ago | (#15046876)

Depends on how long we keep electing idiots like Bush

Re:How long can this consolidation go on for ? (1)

williamyf (227051) | more than 8 years ago | (#15046985)

Because of the interference from national governments, there will always be a handful of companies per sector, and wall street does not favor the Chabeol http://en.wikipedia.org/wiki/Chaebol [wikipedia.org] concept, and we will have one oligopoly per sector.

But, due to the advances of technology, slowly the incumbents will be displaced, and new firms will take teir place. Therefore, wall street will be happy when there is an oligopoly per area.

Re:How long can this consolidation go on for ? (0)

Anonymous Coward | more than 8 years ago | (#15047179)

"will Wall St. be happy when there is 1 company in the whole world that owns everything ? what happens then ? do we start the economy from scratch again ?"

You can bet the Libertarians will be.

Re:How long can this consolidation go on for ? (0)

Anonymous Coward | more than 8 years ago | (#15047375)

Beware the coming of Everything Except Shoes.

Bets On The New Name (2, Funny)

Draegonis (953885) | more than 8 years ago | (#15046570)

I was thinking "Lucatel". What else we got?

Re:Bets On The New Name (0)

Anonymous Coward | more than 8 years ago | (#15046587)

Alcent.

Re:Bets On The New Name (5, Funny)

C.A. Nony Mouse (860026) | more than 8 years ago | (#15046605)

Accident.

Re:Bets On The New Name (1)

fm6 (162816) | more than 8 years ago | (#15046640)

Since Alcatel is already an abbreviation (for Alsacienne de Cables et de Telephones), they're not likely to abbreviate it further. Given the fact that Alcatel is basically bailing Lucent out, they'll probably just drop the Lucent name.

Re:Bets On The New Name (1)

sg3000 (87992) | more than 8 years ago | (#15047250)

> Given the fact that Alcatel is basically bailing Lucent out, they'll probably just drop the
> Lucent name.

You're right about Alcatel being an abbreviation of an older name, but I believe they're planning on changing the name. According to publicly available information, at their conference call [alcatel.com] , they will provide more details, but they said

New company name to be determined at a later date

Re:Bets On The New Name (1)

jozi (908206) | more than 8 years ago | (#15046652)

Lucifer?

Re:Bets On The New Name (Stating the Obvious) (1)

kzinti (9651) | more than 8 years ago | (#15046695)

Alcatelucent.

Re:Bets On The New Name (4, Funny)

stox (131684) | more than 8 years ago | (#15046704)

Lucatania, a perfect target for the Germans.

Re:Bets On The New Name!!! (0)

Anonymous Coward | more than 8 years ago | (#15046760)

un. télécommunications de la France deux. télécommunications de Paris trois. nouvelles télécommunications de la France

Re:Bets On The New Name (2, Funny)

cloudofstrife (887438) | more than 8 years ago | (#15046801)

I've heard Lucratel. Hopefully it won't set the expectations for the new company too high.

Re:Bets On The New Name (1)

Efg (22790) | more than 8 years ago | (#15046865)

Alcent? It has a good sound to it.

And http://www.alcent.com/ [alcent.com] says 403 Forbidden.

Re:Bets On The New Name (0)

Anonymous Coward | more than 8 years ago | (#15047359)

How about Luci for the missing "LINK"

bahahaha

Would you call this fruition?! (4, Insightful)

quadra23 (786171) | more than 8 years ago | (#15046579)

Cappella: They first tried to work out a merger five years ago, but finally, at long last, it's come to fruition.

From article: Close to 9,000 jobs, or about 10% of the companies' workforce will lose their jobs as a result of the merger.

If I was a marketing person I would definitely try to side-step this fact, unless I sugar-coated it by saying how this makes the company more efficient.

Re:Would you call this fruition?! (2, Insightful)

HoosierPeschke (887362) | more than 8 years ago | (#15046593)

My guess is most of those losses will be on the US side of the merger.

Re:Would you call this fruition?! (0)

Anonymous Coward | more than 8 years ago | (#15047182)

Yes, it's hard to lay off people in France. It's much easier in the US.

LU has about 30K people left. Of course less than 9K actually know how to create anything. Most are just middle managers who know how to go to meetings. The ratio of managers to workers is isane. But the middle managers will be the ones who decide who should be layed off, so...

(From an LU peon.)

Re:Would you call this fruition?! (2, Funny)

cubicledrone (681598) | more than 8 years ago | (#15046654)

Close to 9,000 jobs, or about 10% of the companies' workforce will lose their jobs as a result of the merger.

Any MOTHER FUCKING QUESTIONS?

Thank you.

sort of like Homer's catdog (1, Funny)

Anonymous Coward | more than 8 years ago | (#15046589)

loyalty of a cat + the cleanliness of a dog

Now Lucent is a foreign company (2, Informative)

the_humeister (922869) | more than 8 years ago | (#15046597)

Alcatel and Lucent had tried to merge five years ago, but talks collapsed.

This time round they had to overcome concerns about security because Lucent does work for the US government.

To smooth the merger's path, Lucent will set up a separate US company to deal with sensitive government contracts.


Well, I guess we can't trust the French either. I wonder why there isn't a bigger issue made out of this considering the Dubai Ports World deal last month.

Re:Now Lucent is a foreign company (0)

Anonymous Coward | more than 8 years ago | (#15046730)

Well, I guess we can't trust the French either.

Yeah, I guess we can't trust 'em, cuz them Frenchies is always goin' around lyin to the world about casus belli and startin' unjust and illegal wars. Oh, wait ...

Re:Now Lucent is a foreign company (4, Informative)

Valdrax (32670) | more than 8 years ago | (#15046746)

Actually, this is not unusual for companies that have defense contracts, even with very friendly countries. There are laws stating that companies that deal with classified material and classified projects must be American. As a result, foreign-owned companies create American shell companies to handle all the details that the parent company is not allowed to work with.

My previous employer got bought out by the Swiss, and our Defense Team became a separate corporation owned by the parent company. It's standard operating procedure.

Re:Now Lucent is a foreign company (1)

sg3000 (87992) | more than 8 years ago | (#15047271)

> foreign-owned companies create American shell companies to handle all the details
> that the parent company is not allowed to work with

I'm not sure about "shell company", but Alcatel has a U.S.-based subsidiary that is set up to handle sensitive items like this called Alcatel Government Solutions [alcatelgov.com]

Re:Now Lucent is a foreign company (1)

droopycom (470921) | more than 8 years ago | (#15047119)

Geez... Alcatel is French allright, but what does that really means ?

CGE/Alcatel is not a Government Owned Company since 1987. (http://www.alcatel.com/apropos/history/index.htm [alcatel.com] )

This is a Public Company. Grantrd the board of director seems mainly French, but if you want to now who really owns or control a multinational like that, you need to be a financial detective.

France used to rely on Governement Owned Company for critical infrastructure and defense industries, because thats the only way to keep control. The US has never done that (except maybe during FDR's New Deal) so why should it be more worried now ?

Once we start assuming that a company is a person, things get confused.
A company is like a person, whose mind is controlled by real people. The nationality of the company doesnt really matter, mostly what you should be worried about is the intentions of the people owning the company.

Do you really think the intentions of a French Capitalist are so different that the intention of an American one ?

Re:Now Lucent is a foreign company (1)

TuballoyThunder (534063) | more than 8 years ago | (#15047286)

Actually, it wasn't just the US that had national security concerns.
The Thales deal, designed to answer French government concerns over sensitive military technologies, hit a snag when European Aeronautic Defence and Space Co. intervened -- with the reported backing of French President Jacques Chirac -- to demand that its own Astrium satellite unit be included in the operation.
Associated Press [ap.org]

Screw the French (0, Flamebait)

fred911 (83970) | more than 8 years ago | (#15046600)

So it's ok for them to play in our economy but gor forbid we play in theirs! FTF I bet this deal gets squashed.

Why? (1, Insightful)

Anonymous Coward | more than 8 years ago | (#15046681)

So it's ok for them to play in our economy but gor forbid we play in theirs!

Cite some supporting facts, because right now you come across as just another right-wing big-mouth jerk-off who licks his own ass for lunch and gets all his "thinkin' points" from neocons and rednecks so he knows "who we's gonna be hatin' this week".

Re:Why? (1)

mce (509) | more than 8 years ago | (#15046753)

You'd be better of tracking worldwide economic/political news before you decide to flame people. Check out Suez for the most recent example. Ok, so that one doesn't involve the US, but that's irrelevant because it's only one example of many and most of all because it is very much in line with general French policies and attitudes. They are very nationalistic/protectionistic in general and in terms of economy in particular.

Re:Why? (3, Informative)

fred911 (83970) | more than 8 years ago | (#15046922)

The french government is as protectionist has it gets. The only level field they play on is one slanted twards themselves. I surely didn't intend to sound redneck. Read more here:

http://money.cnn.com/services/tickerheadlines/djh/ 200603241445DOWJONESDJONLINE000969.htm [cnn.com]
http://www.economist.com/displayStory.cfm?story_id =5476736 [economist.com]
http://www.e-nough.hmdnsgroup.com/archives/001024. html [hmdnsgroup.com]

Re:Why? (0)

Anonymous Coward | more than 8 years ago | (#15047343)

The Pepsi takeover of Danone is one example. oui oui.

Old news? (0)

Anonymous Coward | more than 8 years ago | (#15046603)

I heard about this days ago... when it was news... in the Wall Street Journal.

Re:Old news? (0)

Anonymous Coward | more than 8 years ago | (#15046694)

Do you have a link to the free to the public commentary section for the article in question, over to the WSJ?

Slashdot is a commentary site devoted to recent/and or interesting news for nerds. It is not designed to be an up to the second strict "news" page. It is the commentary that is important here. Just because some article is a few days old means absolutely nothing, there is no way in hell they could have every single breaking news article out there and keep it up, even the humongous news associations have a hard time with that, and it takes hundreds of employees to pull off.

Re:Old news? (1)

gtwilliams (738565) | more than 8 years ago | (#15046720)

Actually, that article was reporting on rumors. The actual announcement came out today in the WSJ.

wtf? (2, Funny)

Beuno (740018) | more than 8 years ago | (#15046607)

fruition???
Common... you're really going to say "fruition"?

Naperville (2, Interesting)

Anonymous Coward | more than 8 years ago | (#15046619)

Does anyone know what this means for jobs in Lucent's Naperville location?

Re:Naperville (-1, Troll)

Anonymous Coward | more than 8 years ago | (#15046634)

They're going to burn it to the ground. With everyone inside, because they're all so useless and lazy

Re:Naperville (1)

Limburgher (523006) | more than 8 years ago | (#15046699)

Could set off a ripple effect in the tech job market in greater Chicagoland, if they close it or cut it enough. Let's hope for all our sakes they leave it alone. Frankly, I hope so for "Lucatel"'s sake, too. It's generally ill-advised to fire those staff members who actually bring in revenue.

Re:Naperville (1, Funny)

Anonymous Coward | more than 8 years ago | (#15046797)

Every worker will be given a crepe and a copy of jerry lewis's greatest hits. Every job title will change to "cheese eating surrender monkey" and all starbucks in naperville will be stocked with rude frenchman instead of rude teenagers. Everyone will be forced to grow curly mustaches and say "hambourger" instead of "hamburger". All workers will have to call all americans fat and lazy and stupid. Besides that, it will all be the exact same boring, monotonous work that you have grown accustomed to.

AT LAST!! (1, Funny)

Anonymous Coward | more than 8 years ago | (#15046631)

ALCATEL 's years of secret toil have at long last paid off! -- finally, preparations for PHASE 2 of their nefarious plans are complete! Soon...yes, very soon now, the whole world will recall the name ALCATEL [wikipedia.org] and tremble!!

[To be continued...]

Oh goody! (3, Funny)

cubicledrone (681598) | more than 8 years ago | (#15046636)

$25 billion? That should be good for at least ten thousand layoffs. Middle managers are right now compliing lists of people who just bought homes or just re-financed. Hey, Bob over there just got a new car! Oh yeah, he's out with the first group.

Layoffs for all! Bonuses and parties for the rest! THERE'S CAKE IN THE CONFERENCE ROOM!

Re:Oh goody! (1)

kryten_nl (863119) | more than 8 years ago | (#15046736)

THERE'S CAKE IN THE CONFERENCE ROOM

It's a full blown buffet actually. But you'll never know...

Re:Oh goody! (1)

polymorpheus (748411) | more than 8 years ago | (#15047169)

Middle managers will be the first to go. That's where the problems are.

Re:Oh goody! (1)

MadUndergrad (950779) | more than 8 years ago | (#15047218)

Middle managers should be the first to go. That's where the problems are.

There, fixed that for ya.

Re:Oh goody! (1)

cubicledrone (681598) | more than 8 years ago | (#15047370)

Middle managers will be the first to go.

Bullshit. Recent mortgages will be the first to go. There's nothing some asscrack lying rat fuck loves more than yanking the paycheck out from under a picket fence. They're fucking over everyone and people actually sit here and say "oh it's the free market."

Free market my crotch.

We sure hope they "get" plan9 (1, Funny)

DrSkwid (118965) | more than 8 years ago | (#15046670)

After all, Glenda [bell-labs.com] is drawn by Renee French.

"Plan 9 from Bell Labs" the only OMG!!! Ponies OS. [typepad.com]

Seriously, we (the plan9 community - there could be up to 100 of us!) sure hope they "get" plan9.

Re:We sure hope they "get" plan9 (1)

polymorpheus (748411) | more than 8 years ago | (#15047243)

There's nothing left to get. Plan9 died a few years ago at the labs when everybody went to google.

Re:We sure hope they "get" plan9 (1)

DrSkwid (118965) | more than 8 years ago | (#15047266)

That's not quite true. There are more users than ever.

But we do live in fear for when the oxygen supply runs out.

We worry about what crappy place we will end up in, where Windows & Linux is the only choice for your new hardware.

Re:We sure hope they "get" plan9 (1)

polymorpheus (748411) | more than 8 years ago | (#15047392)

There may be more users than ever, but no more development of Plan9 at the labs and very very few users if any. Plan9 is dead for Bell Labs and hence Lucatel.

Try Alcacent sir (2, Funny)

zappepcs (820751) | more than 8 years ago | (#15046698)

The cure for all your telecommunications heartburn or upset stomach ???

Alcatel and Lucent to Merge, form Voltron (2, Funny)

Gothmolly (148874) | more than 8 years ago | (#15046711)

Massive blackhole of suckitude to form, news at 11.

Lets see, what do these guys do...
make "winmodems"
produce crappy PBX hardware
offer "services" ...
3) lose money!

Re: Alcatel and Lucent to Merge, form Voltron (3, Informative)

timbrown (578202) | more than 8 years ago | (#15046861)

You forgot "make exceptionally good high end routers [alcatel.com] ". Service routers that can work at layers 2 and 3, excellent HA capabilities that are ideal for building large MPLS clouds. Having had the pleasure of testing these babies, they rock! And they sell pretty well too.

Re: Alcatel and Lucent to Merge, form Voltron (1)

jonathan_the_ninja (704301) | more than 8 years ago | (#15047315)

Not all of their modems suck; I myself have a "56K" non winmodem that worked very nice on Linux. The nicest thing is that it would commonly connec at 115 kbps when it's only supposed to be 56k.

Saves on incest costs.. (5, Interesting)

Mowie_X (600765) | more than 8 years ago | (#15046725)

The whole industry is very incestuous. It will save a lot of money from both companies kitty used to lure employees from the other. Don't count this as minor savings either. It was not uncommon at all for Lucent to fly Cisco/Nortel employees from Can to US for an interview at the spur of the moment -- including putting them up in hotel, costs, etc...

I do suspect this will lead to a lot of layoffs however. Do they really need 2 wireless divisions doing exactly the same thing?

Re:Saves on incest costs.. (1)

ectospasm (5186) | more than 8 years ago | (#15046943)

It was not uncommon at all for Lucent to fly Cisco/Nortel employees from Can to US for an interview at the spur of the moment -- including putting them up in hotel, costs, etc...

It's not uncommon for that to happen to anyone in a tech position. I was flown to a location, put up in a hotel, and given cab fare just for an interview. A lot of companies do this...

Too bad I didn't get the job, but I got a free trip out of it!

NOT exactly the same thing! (1)

williamyf (227051) | more than 8 years ago | (#15046946)

Lucent Droped their GSM product line a long time ago. And alcatel has no CDMA2000 1xrtt or EV-DO products. Therefore, the two wireless division are not doing EXACTLY the same thing...

          With the rest of the product line, where the products overlap, they will do the usual:

          Decide on a surviving product (based on market share, technology, costs, future potential and other reasons), decide on a product map which highlights the life of the disapearing products and migration paths, and finaly, brace for impact.

my $0.02 Worth from a former employee of Lucent (5, Insightful)

ilove2bscrewed (965561) | more than 8 years ago | (#15046776)

Alcatel is making a move that may bite them in the ass. Lucent is not worth what they are paying for it, the entire company is worth maybe 1/2 of that price TOPS. As part of the deal I hope that Alcatel gets to execute Patrica Russo by a great french method of 'off with her head'. The first thing that Alcatel needs to do post merger is sack the entire BOD and any other worthless manager still left on the payroll.

If were a cartoonist, this is the cartoon I would draw.

Frame #1: A fat PHB with the Red lucent symbol on his back, he is screwing an employee with the caption of "It's just business"
Frame #2: A french executive from Alcatel is screwing the fat PHB from the first frame with the caption of "How do you like it?"

The red lucent symbol will always remind me of how my ass felt after the management had their way with me. No romance, no dinner, no flowers, just a royal pounding in the ASCII chart!

Re:my $0.02 Worth from a former employee of Lucent (1)

cabinetsoft (923481) | more than 8 years ago | (#15046862)

Reply to: my $0.02 Worth from a former employee of Lucent
my $0.02 Worth from a former employee of Lucent
(Score:1)
by ilove2bscrewed (965561) on Sunday April 02, @11:55PM (#15046776)

The red lucent symbol will always remind me of how my ass felt after the
management had their way with me. No romance, no dinner, no flowers,
just a royal pounding in the ASCII chart!

That must really have hurt you. Judging just by the effort to make up such a username and register only to be able to post that comment.

Re:my $0.02 Worth from a former employee of Lucent (1)

jrp2 (458093) | more than 8 years ago | (#15046868)

"The red lucent symbol will always remind me of ..."

I believe that is properly referred to as "The coffee stain of quality".

Re:my $0.02 Worth from a former employee of Lucent (1)

stox (131684) | more than 8 years ago | (#15047281)

You're being generous, I always heard it as "The bleeding sphincter of quality."

Re:my $0.02 Worth from a former employee of Lucent (0)

Anonymous Coward | more than 8 years ago | (#15046926)

You deserved to have your ass fired, freak.

=)

Re:my $0.02 Worth from a former employee of Lucent (0)

Anonymous Coward | more than 8 years ago | (#15047419)

Ahhh yes.........Another stock I will sell short and make a ton of money on. Russo did squat for Lucent, now she'll take this merged comapny down too.......Cha-Ching!!!!

Another fish to be fried (2, Insightful)

Anonymous Coward | more than 8 years ago | (#15046832)

Lucent and Nortel used to be the big rivals. Nowadays, they're both a fraction of what they once were. The rumour says that Nortel is up for grabs as well. Perhaps Huawei will take ownership. That way they can get some real R&D instead of S&D (Steal and Development).

Steal and Development? (1)

williamyf (227051) | more than 8 years ago | (#15047018)

Check the Specs for TD-SCDMA and we talk

Yes there was A LOT of S&D. And yes, there is still some S&D going on (possibly you were thinking about the CISCO source code), but each day, less and less S&D. And if they join with India, they will not need S&D anymore, so, grow up man!

Whoever put the whocares tag (1)

Paralizer (792155) | more than 8 years ago | (#15046850)

watch the stock monday (LU). The people who make 10% in one day care...

Re:Whoever put the whocares tag (1)

Drakonian (518722) | more than 8 years ago | (#15046871)

Or the 8800 people losing their jobs! Some of whom I'm sure are Slashdot geeks.

Confirmed? (1)

autophile (640621) | more than 8 years ago | (#15047124)

It ain't confirmed until Netcraft confirms it!

--Rob

you Insensitive clod! (-1, Troll)

Anonymous Coward | more than 8 years ago | (#15047199)

one or the other are almost BSD machines It's best to try everyday...We 80s, DARPA saw BSD and suggesting Usenet is roughly [idge.net] the time to meet MAKES ME SICK JUST stand anymore, lost its earlier into a sling unless Fact: *BSD IS A surveys show that 40,000 workstations rooting corpse There's no so that their to Any BSD project, chosen, whatever would choose to use been looking for! bad for *BSD. As Say I'm packing smells worse than a rapid, and Michael Smith bloc in order to BSD had become Give BSD credit all; in order to go and arms and dick For *BSD because to survive at all overly morbid and posts. Therefore against vigorous minutes. At home, there are some long term survival are incompatible THINGS IN same worthless GAY NIGGERS from the future of the reasons why anyone Don't walk around want them there.

"Lucent surrenders to French company" (0)

Anonymous Coward | more than 8 years ago | (#15047267)

ha ha. Ca va faire pleurer plus d'un americain. Papa Bush, a l'aide!

Does Bush know? (2, Interesting)

tootlemonde (579170) | more than 8 years ago | (#15047279)

Back at the beginning of Clinton's first term, lobbyists from Western Electric alerted him that the White House switchboard was a product of Northern Telecom. NorTel is nominally a Canadian company but this particular switch was made by its Raleigh, N.C. plant that employed 20,000 American workers and was installed by an American company.

Clinton had the system ripped out and replaced by a good ole Western Electric product. Lucent is the successor company to Western Electric. Unless the something has changed in the intervening years, the French now control the White House telecom system.

All that is old is new again... (0)

Anonymous Coward | more than 8 years ago | (#15047326)

Wahoo! The flaming red asshole is buying up (yeah, merging/whatever) more stuff they can break. I remember when Lucent bought Ascend, killed the product lines, broke the workers, burned the assets to the ground, then stomped on the ashes that were left over. I wonder if they can manage to do the same to a company as big as Alcatel? So much for "increasing shareholder value."\

Lucent - They buy the things that make technology work, then they break them.

It's been nice knowing you , Alcatel.

Nexabit 64000 (1)

thilmony (248711) | more than 8 years ago | (#15047581)

Good, maybe they can get some Nexabit's out the door now!
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