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Saturday, December 21, 2013

Telecom Ramblings: Alcatel-Lucent Shifts LGS Out to Private Equity

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From: "Telecom Ramblings" <webmaster@telecomramblings.com>
Date: Dec 21, 2013 4:01 AM
Subject: Telecom Ramblings: Alcatel-Lucent Shifts LGS Out to Private Equity
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Telecom Ramblings: Alcatel-Lucent Shifts LGS Out to Private Equity

Link to Telecom Ramblings

Alcatel-Lucent Shifts LGS Out to Private Equity

Posted: 20 Dec 2013 05:01 AM PST

As the year winds down, Alcatel-Lucent is checking one more item off its list of stuff to find new homes for.  They're  selling the LGS Innovations unit to a private equity group led by Madison Dearborn Partners and CoVant.  LGS is the piece of Bell Labs that was separated out from Lucent in the Alcatel-Lucent merger of 2006 to provide various network services for the US federal government. … [visit site to read more]

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