M&A Deal Summary

Alcatel-Lucent S.A. Acquires Xylan

On March 3, 1999, Alcatel-Lucent S.A. acquired communications company Xylan for 1.7B USD

Acquisition Highlights
  • This is Alcatel-Lucent S.A.’s 1st transaction in the Communications sector.
  • This is Alcatel-Lucent S.A.’s 2nd largest (disclosed) transaction.
  • This is Alcatel-Lucent S.A.’s 1st transaction in France.

M&A Deal Summary

Date 1999-03-03
Target Xylan
Sector Communications
Buyer(s) Alcatel-Lucent S.A.
Deal Type Add-on Acquisition
Deal Value 1.7B USD

Target

Xylan

Paris, France
Xylan Corp. provides high-bandwidth switching systems that enhanced the performance of existing local area networks and facilitated the migration to next generation networking technologies.

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Buyer(S) 1

Buyer

Alcatel-Lucent S.A.

Boulogne-Billancourt, France

Category Company
Founded 1898
Sector Technology Hardware
Employees52,673
Revenue 15.9B USD (2014)
DESCRIPTION
Alcatel-Lucent office in Highlands Ranch, Colorado.
Alcatel-Lucent office in Highlands Ranch, Colorado.

Alcatel-Lucent S.A. is an integrated provider of voice, data and video communication services to end-users. Alcatel-Lucent offers fixed, mobile and converged broadband networking, IP technologies, applications and services to a variety of end users. Alcatel-Lucent S.A. was originally established in 1898 and is headquartered in Boulogne-Billancourt, France.


DEAL STATS #
Overall 3 of 21
Sector: Communications M&A 1 of 1
Type: Add-on Acquisition M&A Deals 3 of 20
Country: France M&A 1 of 2
Year: 1999 M&A 2 of 3
Size (of disclosed) 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
1999-01-01 Assured Access Technology

Milpitas, California, United States

Assured Access Technology, Inc. is a specializing in Internet network and solutions.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
1999-09-29 Genesys

Menlo Park, California, United States

Genesys is a provider of customer engagement software to large enterprises around the globe. The Company empowers its customers to create omni-channel customer experiences, journeys, and relationships. Genesys was founded in 1990 and is based in Menlo Park, California.

Buy $1.5B