- Three sources tell Bloomberg Alcatel-Lucent (ALU) is in talks to sell its struggling enterprise hardware/software unit to a group of potential buyers that includes Unify GmbH, a JV between Siemens (SI) and P-E firm Gores Group that provides unified communications products for businesses.
- The would-be buyers are said to be preparing second-round bids ahead of a possible March decision. One source thinks the Alcatel unit, which had 2012 sales of ~$1B, could sell for €250M ($343M).
- Reuters reported in November Alcatel, which has promised to shed €1B worth of assets by 2015, is thinking of selling the business. Last month, the company sold its LGS Innovations unit (provides networking hardware/software for U.S. federal agencies), for up to $200M.
Alcatel reportedly in talks to sell enterprise ops to Siemens JV, others
Jan 13 2014, 17:29 ET