Business Case Study - Lucent Technologies
Executive Summary
Lucent Technologies is a global leader in communications and software
development. This report briefly overlooks its evolution, its
achievements since its inception and its mission and targets. Born as
a result of a spin-off of a unit of AT&T and relying on Bell
Laboratories for its innovations, Lucent has expanded and grown at a
tremendous rate in a very short time.
Introduction
Lucent Technologies Inc. was formed in November 1995, combining units
of AT&T with that of Bell Labs. Lucent develops and manufactures
communications systems, software and products. Lucent sells public and
private communications systems, supplying systems and software to most
of the world's largest communications network operators and service
providers. It also deals in microelectronic components for
communications applications. Bell Laboratories conducts Lucent's
research and development.
Lucent's Evolution
In 1869 Elisha Gray and Enos Barton formed Gray & Barton in Cleveland,
Ohio. In 1881, it was acquired by American Bell and Western Electric
and it became the production part of all Bell Telephone companies.
AT&T bought American Bell in 1899. In 1925, AT&T and Western Electric
engineering departments created Bell Labs, which had been combined in
1907.
In February 1996, the systems and technology unit of AT&T renamed
itself Lucent Technologies and initiated its separation with an
initial public offering of stock issued in April 1996. The spin-off
was completed in September 1996 when AT&T distributed its shares of
Lucent to AT&T shareholders.
"Lucent is a New York S...
... middle of paper ...
... markets and technologies such as Voice over Internet Protocol (VoIP),
remote access, Symmetric Digital Subscriber Line (SDSL), optical
networking, Code-Division Multiple Access (CDMA) wireless technology,
ATM access and core and edge switching, frame relay, multi-service WAN
switching, and networking services and support.
Conclusion
Lucent Technology has become a global leader in a very short span of
time, diversifying its products and services into different areas of
networking, software production and e-business. At the same time it
has been selling off its units and spinning off other companies to
maintain its position in the market.
Bibliography:
1. http://www.quicken.com/investments/drips/dripinvestor/corner98
2. www.marketguide.com
3. http://www.hoovers.com/co/capsule/6/0,2163,46656,00.html
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