Word: lucent
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Dates: during 2000-2009
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Chen is survived by his father, who works at Lucent Technologies, his mother and a younger brother Jeffrey, who is a senior at the University of Michigan at Ann Arbor...
...course, what is true in theory may turn out to be impossible in practice. As one researcher, Lov Grover of Lucent, put it, "We're writing the software for a device that does not yet exist...
...cost structure doesn't change. From a financial perspective, the model is unsustainable." As long as they are subsidizing their rivals, the Bells insist, there's no reason for them to upgrade their networks, which puts a further drain on the depressed equipment sector, including companies like Lucent Technologies and Nortel Networks...
Taking on that establishment is John McMahon, 47, CEO of IE-Engine, a sourcing-software specialist who once worked for auction-technology firm Ariba and networking giant Cisco Systems. His year-old start-up counts as customers Dow Chemical, Ford, Lucent, Owens Corning and Staples. "The fact that these creme de la creme companies have signed up validates the idea," says Lou Volpe, 52, a partner at Kodiak Ventures, which has invested $6 million in IE-Engine...
...Technologies had a pension deficit of $32 million, according to revised estimates by UBS Warburg. We attributed our figures to a UBS study, but after we published the story, UBS amended its estimates, saying it found it had begun its study with faulty data. In addition, UBS says that Lucent's pension plan probably swung to a deficit by the end of September. We regret the errors...