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Article: Lucent Technologies signs asset purchase agreement to acquire Riverstone Networks' business operations; Purchase of carrier ethernet router company's net assets complements Lucent's next-generation data and optical network portfolio.
- Article from:
- M2 Presswire
- Article date:
- February 8, 2006
CopyrightCOPYRIGHT 2006 Normans Media Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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M2 PRESSWIRE-8 February 2006-Lucent Technologies: Lucent Technologies signs asset purchase agreement to acquire Riverstone Networks' business operations; Purchase of carrier ethernet router company's net assets complements Lucent's next-generation data and optical network portfolio(C)1994-2006 M2 COMMUNICATIONS LTD
RDATE:07022006
MURRAY HILL, N.J. - Lucent Technologies (NYSE:LU) today announced that it has signed a definitive purchase agreement to acquire certain net assets related to the business operations of Riverstone Networks (RSTN.PK), a maker of carrier-grade Ethernet routers for the telecommunications industry, for $170 million in cash.
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