Lucent Technologies Completes Acquisition of Mobilitec, a Leading Provider of Content Delivery and Management Software
NOVEMBER 06, 2006 - MURRAY HILL, N.J. – Lucent Technologies (NYSE: LU) today said it had completed its acquisition of Mobilitec, a leading provider of content management software for service providers.
On Sept. 12, 2006, Lucent had announced its agreement to acquire Mobilitec in a cash transaction. Financial terms were not disclosed. The acquisition was not material to Lucent’s financials.
“The Mobilitec acquisition significantly strengthens Lucent’s offer in the young but growing content market and enhances Lucent’s next-generation platforms that support voice, video, data and multimedia applications, enabling more services for mobile and broadband users,” said Sandip Mukerjee, vice president, Lucent Technologies Applications Solutions Business. “Our strengthened solution will help our customers introduce new next-generation services and capture new revenue sources.”
For information on the Lucent mPower Content Management and Delivery System, please go to www.lucent.com/products/mpower.
About Lucent Technologies
Lucent Technologies designs and delivers the systems, services and software that drive next-generation communications networks. Backed by Bell Labs research and development, Lucent uses its strengths in mobility, optical, software, data and voice networking technologies, as well as services, to create new revenue-generating opportunities for its customers, while enabling them to quickly deploy and better manage their networks. Lucent’s customer base includes communications service providers, governments and enterprises worldwide. For more information on Lucent Technologies, which has headquarters in Murray Hill, N.J., USA, visit www.lucent.com.
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