Tech Company M&A Transactions
Telica Acquisition
Headquartered in Marlborough, Telica was acquired by Alcatel-Lucent. Alcatel-Lucent said the transaction price was $295 million.
Transaction Overview
Company Name
Acquired By
Announced On
5/24/2004
Transaction Type
M&A
Amount
$295,000,000
M&A Terms
Lucent Technologies (NYSE: LU) today said it had agreed to acquire Telica, for approximately $295 million in stock and options, plus additional employee-related cash payments. Under the terms, Lucent will exchange 92.7 million shares of common stock and options for all of Telica's equity. The transaction is subject to customary closing conditions and regulatory approvals and is expected to close during Lucent's fourth fiscal quarter of 2004.
Company Information
Company Status
Acquired or Merged
Industry
Networking
Mailing Address
734 Forest St G100
Marlborough, MA 01752
USA
Marlborough, MA 01752
USA
Phone
Website
Email Address
Not Recorded
Overview
Telica's VoIP switching solutions bridge next-generation and legacy networks for wireline and wireless carriers. With a highly affordable cost per port, Telica's scalable PLUS second-generation softswitches and gateways deliver significantly more calling capacity than legacy circuit switches or first-generation softswitches.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
John Amand
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