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Alcatel and Lucent in Merger Talks |
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Friday, 24 March 2006 |
Alcatel and Lucent in Merger Talks
 SAN FRANCISCO, CA, (NAMC)- It looks like Lucent Technologies Inc. (NYSE: LU) and the French telecom equipment maker Alcatel SA (NYSE: ALA) are in merger talks. This is second time that they have come to the table in five years in regards to a merger and this may be the charm. This would be an approximate $34 billion merger and this merger between these two companies is the latest of a trend in the industry to consolidate and pool strengths. This massive combination would create a company that would surpass Cisco (NASDAQ: CSCO). The spark that is forcing consolidation in the industry is the advancement of technology and the triple threat that has come along with it, that being Voice, High Speed Internet and Television. Elizabeth Losada Technology News Correspondent NAMC Newswire www.namcnewswire.comThis article can be republished either online or in print as long as credit is given to the author and the NAMC Newswire. NAMC Newswire articles can now be listened to on StreetIQ.com http://www.streetiq.com/dir/NAMC.shtmlTo keep up to date with companies that we report on just register to receive the FREE Wall Street to Main Street Daily Newsletter. We feature companies that trade on the NYSE, AMEX, NASDAQ, OTCBB and Overseas, Keeping our readers informed daily. Just go to our site and register, it’s simple and free, www.namcnewswire.com/newsletter . Also be sure to visit the NAMC radio at www.namcnewswire.com/namcradio for the latest reports, interviews and corporate updates featured on the NAMC Newswire. |
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