-- New investment by China
Huaxin to place Alcatel-Lucent Enterprise on a long-term
growth trajectory
PARIS, Oct. 1, 2014 /PRNewswire/ -- Alcatel-Lucent
(Euronext Paris and NYSE: ALU) today announced that it has
successfully closed a transaction with China Huaxin Post & Telecommunication
Economy Development Center ("China
Huaxin") for the divestment of its Enterprise division. Cash
proceeds to Alcatel-Lucent are Eur 202
million.
Following the divestment, Alcatel-Lucent will maintain a
minority stake in a newly-formed holding company, to be
incorporated in France.
Alcatel-Lucent Enterprise will also continue to work with
Alcatel-Lucent on a privileged business relationship basis.
The transaction will now enable Alcatel-Lucent Enterprise to
benefit from a strong and recognized investor, providing the means
and resources necessary to strengthen its ambition including
leadership positions in enterprise communications while
accelerating investment in new areas of net growth.
Alcatel-Lucent Enterprise will continue to invest and innovate
in the core markets where it is already recognized as an undisputed
leader, namely enterprise communications and networking – while
exploring new market opportunities in select, high-growth
countries, vertical solutions and cloud services.
At the same time, the business will work to define new
opportunities aimed at growing the company into a leading player in
next-generation enterprise communications, enabling an innovative
shift from a pure technology-centric to outcome-based delivery
model, capable of delivering measurable benefits from both an
economical and human perspective for its partners and
customers.
Commenting, Michel Emelianoff,
Chief Executive Officer, Alcatel-Lucent Enterprise said: "As a
'new' company our core mission is to help companies transform the
way people communicate, harnessing capabilities offered by ever
smarter devices and new use models. We see success as creating long
term value and customer relevancy by delivering business outcome to
customers and partners through technology and business innovations.
With such a dedicated investor, we now have the ability to execute
on our ambition to become an essential player in the enterprise
communications market and still be a reference for innovation and
user experience."
Yuan Xin, Chairman, China Huaxin:
"We are really excited by the acquisition of Alcatel-Lucent
Enterprise. Our long-term investment approach will help
Alcatel-Lucent Enterprise deliver on its ambition while enabling us
to strengthen our strategic position in the enterprise
communications arena. Alcatel-Lucent Enterprise has very strong
assets and a recognized leadership in many markets across the
globe. We are looking forward to leveraging our investment
capabilities and experience to bring this business to the next
level, both in size and market outreach."
Alcatel-Lucent Enterprise will have its headquarters in Colombes
near Paris, France, with over
2,700 employees worldwide and with operations in more than 80
countries.
ABOUT CHINA HUAXIN
China Huaxin Post &
Telecommunication Economy Development Center ("China Huaxin") is an industrial investment
company that seeks long-term commercial growth opportunities in the
Information and Communications Technologies (ICT) sector.
China Huaxin has extensive global
operations and international investment experience and has made
investments in top-tier Chinese telecom suppliers such as
Alcatel-Lucent Shanghai Bell and the Yangtze Optical Fiber &
Cable Company Ltd. China Huaxin
aspires to be a competitive global industry holding group that
creates long-term value for its stakeholders and for society as a
whole by nurturing and advancing technology innovation in the
Information Industry.
ABOUT ALCATEL-LUCENT ENTERPRISE
Alcatel-Lucent Enterprise, with headquarters in France near Paris and 2700 employees worldwide, is a
leader in communications, networking and cloud solutions for
businesses of all sizes, serving more than 500,000 customers across
the globe. Our cost-effective solutions help organizations embrace
new uses and models by enabling multimedia conversations across any
device, supported by an Application Fluent Network, from the office
to the cloud.
Alcatel-Lucent Enterprise, with a history of proven technology
and experience, leverages a global team of technology experts,
service professionals, and partner ecosystem to meet the unique
needs of small businesses to international companies with tailored
offers that address the requirements of various market segments and
industries.