Report: Alcatel Lucent Is Going to Sell Genesis for $1.5B

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Report: Alcatel Lucent Is Going to Sell Genesis for $1.5B Report: Alcatel Lucent Is Going to Sell Genesis for $1.5BReport: Alcatel Lucent Is Going to Sell Genesis for $1.5B


16 October 2011

Financial Times has recently published a report that Alcatel-Lucent reached a deal to sell Genesys unit to Premira Advisers for $1.5 billion.
The previous discussions to sell off company’s entire enterprise services division to Premira fell through in September. The private equity company shifted the focus to purchase the call center division only. After the decision to open the bidding process, Siemens Enterprise Communications got interested in the unit.
Although two companies are discussing a deal, a close to the source person commented that no agreement has been reached yet.

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