Thursday, April 14, 2011

Alcatel-Lucent Explores Sale of PBX Business

Alcatel-Lucent SA is exploring the sale of its enterprise phone system business, according to the Wall Street Journal.

The company has hired advisers and during recent days began to examine options for the business, which has about $1.5 billion in annual sales.

Lucent, you will recall, sold off its enterprise phone system unit as Avaya, in 2000. You might argue that a business phone system business these days requires a level of concentration that might be easier in the context of a stand-alone company. Lucent certainly came to that conclusion over a decade ago.

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