Riverstone Networks - Company History

Company History

  • 7 February 2006 - Riverstone's partner Lucent Technologies signed an Asset Purchase agreement to acquire Riverstone Networks
  • 21 March 2006 - Lucent Technologies wins the auction for Riverstone Networks over rival Ericsson. The final price was $207 million
  • 18 April 2006 - Lucent Technologies are currently in the process of a merger of equals with Alcatel
  • 1 December 2006 - Lucent Technologies completed the process of a merger of equals with Alcatel. Assets of Riverstone Networks are now part of Alcatel-Lucent

Read more about this topic:  Riverstone Networks

Famous quotes containing the words company and/or history:

    If it were not for the company of fools, a witty man would often be greatly at a loss.
    François, Duc De La Rochefoucauld (1613–1680)

    Gossip is charming! History is merely gossip. But scandal is gossip made tedious by morality.
    Oscar Wilde (1854–1900)