M&A Deal Summary

Alcatel-Lucent S.A. Acquires Packet Engines

On December 14, 1998, Alcatel-Lucent S.A. acquired technology hardware company Packet Engines

Acquisition Highlights
  • This is Alcatel-Lucent S.A.’s 1st transaction in the Technology Hardware sector.
  • This is Alcatel-Lucent S.A.’s 1st transaction in the United States.
  • This is Alcatel-Lucent S.A.’s 1st transaction in Washington.

M&A Deal Summary

Date 1998-12-14
Target Packet Engines
Sector Technology Hardware
Buyer(s) Alcatel-Lucent S.A.
Deal Type Add-on Acquisition

Target

Packet Engines

Spokane, Washington, United States
Packet Engines is a provider of networking solutions.

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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 1 of 21
Sector (Technology Hardware) 1 of 8
Type (Add-on Acquisition) 1 of 20
State (Washington) 1 of 1
Country (United States) 1 of 14
Year (1998) 1 of 1
FOLLOWING 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 -