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Alcatel-Lucent announced the acquisition of OpenPlug on September 1, 2010.
In October 2011, Alcatel-Lucent sold its call-center services business Genesys unit to Permira, a private equity group, for $1.5 billion — the same amount the company bought the business for in 2000. Alcatel-Lucent needed funding for the Franco-American business, which made annual losses from 2007 to 2011.
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