Paris – Alcatel yesterday unveiled a planned merger with its smaller U.S. rival Lucent Technologies for $13.4 billion. Together, the pair would have total revenue of $25 billion, roughly matching current industry leader Cisco Systems.
 

Alcatel CEO Serge Tchuruk told Le Monde that he expected the cuts to affect all countries. Tchuruk expected synergies in supply chains, logistics, real estate, information technology but not really in R&D.
 
Patricia Russo, Lucent chief executive, will serve as CEO of the combined Paris-based company. Tchuruk will act as non-executive chairman.
 
Alcatel, which has expertise in high-speed digital subscriber line technology, would gain Lucent's dominance in wireless technology and contracts with big carriers such as Verizon Communications.
 
Alcatel also gets Bell Labs, Lucent's historic research arm, which is responsible for inventions ranging from transistors and lasers to cellular telephone technology, data networking and communications satellites.
 

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